The Solution to Douglass. C. North’s Puzzle Concerning China’s Household Responsibility System Summary of JOIE article (15 October 2021) by Simon Deakin and Gaofeng Meng, Centre for Business Research, University of Cambridge, Cambridge, UK. The full article is available on the JOIE website. The dominant theory of property in economics views property rights as individualised and…
Tag: polycentric governance
Crafting of cognitive institutions for overcoming the Covid-19 pandemic
Summary of the JOIE article (24 January 2022) by Daniil Frolov, Faculty of Economics and Management, Volgograd State Technical University, Russia. The full article is available on the JOIE website. National governments are the main actors enforcing preventative measures to contain the COVID-19 pandemic, focusing on top-down policies and sanctions. Now it is becoming more…