Product Description: "Leading economists presenting fundamentally important issues in economic theory" is the theme of the Nancy Schwartz lectures series held annually at the J. L. Kellogg Graduate School of Management of Northwestern University. Reporting on lectures delivered in the years 1983 through 1997, this book discusses economic behavior at the individual and group level and the implications to the performance of economic systems...read more (view table of contents, read Amazon.com's description)

Product Description: Technical advance requires resources and is motivated by the quest for profits; therefore, the rate and direction of advance is determined by the economic system. Recognition of this fact has focused attention on the performance of the market economy in the allocation of resources to technical advance, and the consequent body of research is surveyed and synthesised in this book...read more