Sunday, October 8, 2017

The Invisible Hand Of Power: An Economic Theory Of Gate Keeping

The Invisible Hand Of Power: An Economic Theory Of Gate Keeping

This is an innovative study of the techniques of domination, based on financial markets, judicial systems, academia and international relations, across North America and post-Soviet Russia. Building on Weber’s theory of a constellation of interests and Commons’s work on transactions, Oleinik focuses on the existence and influence of gate keepers, those with the power to limit entry to a particular transaction, such as judges, market regulators, reviewers and academics. Ultimately, he seeks to provide an alternative to mainstream economic analyses of power.

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