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Tan Min

The Chinese Origin of Physiocracy

&lt;p&gt;Introduction.- Europe’s Chinese vogue in the seventeenth and eighteenth centuries.- François Quesnay and A. R. J. Turgot: Two admirers of China.- The natural order.-&lt;em&gt;Tableau Économique&lt;/em&gt; .-&amp;nbsp;&lt;em&gt;Laissez faire.-&amp;nbsp;&lt;/em&gt;Agricultural primacy.- Single &lt;em&gt;impôt territorial&lt;/em&gt;, population, and property ownership.- Conclusion.&lt;/p&gt;


New Frontiers in Regional Science: Asian Perspectives

This book focuses on a very important and still controversial topic in Japan, namely, whether a future exists for Japanese farmers, especially rice-producing farmers. Dealt with here is the prospect along with a personal view of the course that Japanese agriculture should follow, that is, a prescription for enriching the international competitiveness of the agricultural sector, especially rice production, in a more market-oriented economy. Toward restoration of Japanese agriculture, prescriptions are pursued from different aspects. One is the planting schedule of various farm products at the micro level such as the crop rotation system, derived from the mixed-integer dynamic programming model. Another is a macroeconomic policy to enhance the export of the restored 2 million tons of rice by the abolition of the policy of reducing rice acreage-a policy considered unreasonable by some. The path that agriculture in Japan should take has been argued by scholars and experts in related fields. However, no argument has been based on scientific and objective proof. Some applications of mixed-integer dynamic programming model are shown, which are very useful for policy makers as well as graduate students in the field of economic policy (esp. regional &amp; dynamics) and dynamic agricultural planning (esp. planting &amp; comprehensive management).

This book focuses on a very important and still controversial topic in Japan, namely, whether a future exists for Japanese farmers, especially rice-producing farmers. Dealt with here is the prospect along with a personal view of the course that Japanese agriculture should follow, that is, a prescription for enriching the international competitiveness of the agricultural sector, especially rice production, in a more market-oriented economy. Toward restoration of Japanese agriculture, prescriptions are pursued from different aspects. One is the planting schedule of various farm products at the micro level such as the crop rotation system, derived from the mixed-integer dynamic programming model. Another is a macroeconomic policy to enhance the export of the restored 2 million tons of rice by the abolition of the policy of reducing rice acreage—a policy considered unreasonable by some. The path that agriculture in Japan should take has been argued by scholars and experts in related fields. However, no argument has been based on scientific and objective proof. Some applications of mixed-integer dynamic programming model are shown, which are very useful for policy makers as well as graduate students in the field of economic policy (esp. regional &amp; dynamics) and dynamic agricultural planning (esp. planting &amp; comprehensive management).

Resuscitation in the Liberalized Competitive Market

Macroeconomic Policy for Rice Agriculture in Japan

Reliable and Sustainable Electric Power and Energy Systems Management

This book discusses various aspects of future intelligent power grids, covering key topics including the operation of smart grids and microgrids, resource optimization, and energy management. Over the last few decades, the use of solar photovoltaics (PVs) and wind turbine generators has increased significantly in an effort to make future power systems sustainable. However, the intensive integration of renewables in existing electrical networks has raised several control and operational issues due to their limited dispatch capability and intermittent generation. In addition, integrating new electrical loads, such as those produced by electric vehicles, heat pumps, and electric water heaters, in existing distribution networks negatively impacts the power-balance scenario. As such, these developments present both challenges and opportunities for the research community.
 Against this backdrop, the book not only discusses the challenges and their potential solutions, but also outlines future research directions that could help make future power grids intelligent, adaptive, and resilient. It presents insights from academia, industry, and research institutions on understanding, modeling, and analyzing the control and operation of intelligent power grids of the future.

Discusses an intelligent architecture for future power grids and presents resiliency and reliability matrices of future power gridsExplores the optimization of sustainable microgrids, virtual power plants, and energy managementExamines the multi-agent system for distributed control and operation of distributed energy resources by focusing on modeling, control and operation of smart grids

Modeling, Planning, Control and Operation

Intelligent Power Grids of Tomorrow

Das Buch behandelt das umfangreiche Gebiet der Medizin in einigen Schwerpunktthemen und weist auf ökonomische Zusammenhänge zu diesen Themen hin.&nbsp;Die Notwendigkeit, medizinische mit ökonomischer Forschung und Lehre zu verknüpfen, wird nicht mehr in Frage gestellt, da die Kosten im Gesundheitswesen ausufern. Ein aktuelles Beispiel für überproportional steigende Kosten im Gesundheitswesen sind die Ausgaben für Medikamente, die stärker zunehmen als das Bruttoinlandsprodukt (BIP). Die Kostendiskussion muss daher weiter auf allen Ebenen des Gesundheitswesens vom niedergelassenen Arzt bis zum Krankenhaus, von der pharmazeutischen Industrie bis zu den Spitzenverbänden der Selbstverwaltung geführt werden, da die wirtschaftlichen Konsequenzen einer rationalen medizinischen Versorgung analysiert, kritisch diskutiert, bewertet und transparent dargestellt werden müssen.&nbsp;Es fehlt bisher ein Basislehrbuch der Medizin für Ökonomen, also ein Buch, das medizinische Inhalte auf das für Gesundheitsökonomen relevante Maß begrenzt und dabei versucht, medizinische Maßnahmen im Zusammenhang mit Kostenbewertungen zu veranschaulichen.&nbsp;Das wesentliche Anliegen des vorliegenden Buches ist daher die Verbindung ärztlichen Denkens und Handelns mit ökonomischen Überlegungen, da der Dialog zwischen Ökonomen und Mediziner nur auf der Basis gemeinsamen Wissens effizient geführt werden kann.
 Über den AutorProf. Dr. med. Helmut Brunner
 ist&nbsp;Facharzt für Mikrobiologie und Infektionsepidemiologie, außerplanmäßiger Professor an der Universität Düsseldorf,&nbsp;Lehrbeauftragter an der Universität Wuppertal im Studiengang Gesundheitsökonomie und Gesundheitsmanagement sowie Gutachter für IT-Anwendungen im Gesundheitswesen.

Das Buch behandelt das umfangreiche Gebiet der Medizin in einigen Schwerpunktthemen und weist auf ökonomische Zusammenhänge zu diesen Themen hin.&nbsp;Die Notwendigkeit, medizinische mit ökonomischer Forschung und Lehre zu verknüpfen, wird nicht mehr in Frage gestellt, da die Kosten im Gesundheitswesen ausufern. Ein aktuelles Beispiel für überproportional steigende Kosten im Gesundheitswesen sind die Ausgaben für Medikamente, die stärker zunehmen als das Bruttoinlandsprodukt (BIP). Die Kostendiskussion muss daher weiter auf allen Ebenen des Gesundheitswesens vom niedergelassenen Arzt bis zum Krankenhaus, von der pharmazeutischen Industrie bis zu den Spitzenverbänden der Selbstverwaltung geführt werden, da die wirtschaftlichen Konsequenzen einer rationalen medizinischen Versorgung analysiert, kritisch diskutiert, bewertet und transparent dargestellt werden müssen.&nbsp;Es fehlt bisher ein Basislehrbuch der Medizin für Ökonomen, also ein Buch, das medizinische Inhalte auf das für Gesundheitsökonomen relevante Maß begrenzt und dabei versucht, medizinische Maßnahmen im Zusammenhang mit Kostenbewertungen zu veranschaulichen.&nbsp;Das wesentliche Anliegen des vorliegenden Buches ist daher die Verbindung ärztlichen Denkens und Handelns mit ökonomischen Überlegungen, da der Dialog zwischen Ökonomen und Mediziner nur auf der Basis gemeinsamen Wissens effizient geführt werden kann.

Medizin für Ökonomen

Great Thinkers in Economics

This book is the first comprehensive intellectual biography of Richard F. Kahn. Focusing on the development of his ideas, their cultural and political context, and his influence on academia and economic policy, it presents a complete and representative study of Kahn.&nbsp;Particular attention is paid to his work on the theory of imperfect competition, liquidity preference and speculation, inflation and unemployment, and macroeconomics more generally. Kahn’s connections with Marshallian economics, his relationship with Keynes, and his role in the development of post-Keynesian economics at Cambridge are also discussed.
Richard F. Kahn: An Intellectual Biography&nbsp;highlights Richard F. Kahn’s contribution to post-war macroeconomic theory and policy. It will be relevant to students and researchers interested in&nbsp;economics, economic policy and the history of economic thought.
Paolo Paesani is Full Professor of History of Economic Thought at the University of Rome Tor Vergata.

This book is the first comprehensive intellectual biography of Richard F. Kahn. Focusing on the development of his ideas, their cultural and political context, and his influence on academia and economic policy, it presents a complete and representative study of Kahn.&nbsp;Particular attention is paid to his work on the theory of imperfect competition, liquidity preference and speculation, inflation and unemployment, and macroeconomics more generally. Kahn’s connections with Marshallian economics, his relationship with Keynes, and his role in the development of post-Keynesian economics at Cambridge are also discussed.Richard F. Kahn: An Intellectual Biography
 &nbsp;highlights Richard F. Kahn’s contribution to post-war macroeconomic theory and policy. It will be relevant to students and researchers interested in&nbsp;economics, economic policy and the history of economic thought.

An Intellectual Biography

Richard F. Kahn

Sustainable Finance

This book discusses the transformative role of green financing in steering the transition towards low-carbon economies. Specifically focusing on small enterprises in emerging and developing countries, the book unveils the peculiar green financing challenges synonymous with underdeveloped financial systems. Furthermore, it uncovers the essential contributions these entities can make towards sustainable development and innovative financing strategies amidst conventional barriers in accessing traditional financing schemes.
Through a comprehensive examination of innovative financial instruments and mechanisms, such as green bonds and loans, this publication illustrates the pathways through which green financing can provide vital capital and encourage sustainable practices. While highlighting the critical role of green finance in achieving the Sustainable Development Goals, this book explores the complex and uneven landscape of green financing, addressing methodological challenges such as defining green projects, lack of data, and measuring environmental impact. It calls for international cooperation in mobilizing funds, sharing knowledge, and building capacities to overcome these challenges and develop a sustainable green financing framework. Drawing knowledge from successful case studies, technological advancements in finance, and supportive policies and regulations, the book contributes to innovative financial models. It builds a robust knowledge base to inform decision-making and guide the global community towards a sustainable and resilient future. This book is an indispensable resource for policymakers, investors, entrepreneurs, and academics.

This book discusses the transformative role of green financing in steering the transition towards low-carbon economies. Specifically focusing on small enterprises in emerging and developing countries, the book unveils the peculiar green financing challenges synonymous with underdeveloped financial systems. Furthermore, it uncovers the essential contributions these entities can make towards sustainable development and innovative financing strategies amidst conventional barriers in accessing traditional financing schemes.Through a comprehensive examination of innovative financial instruments and mechanisms, such as green bonds and loans, this publication illustrates the pathways through which green financing can provide vital capital and encourage sustainable practices. While highlighting the critical role of green finance in achieving the Sustainable Development Goals, this book explores the complex and uneven landscape of green financing, addressing methodological challenges such as defining green projects, lack of data, and measuring environmental impact. It calls for international cooperation in mobilizing funds, sharing knowledge, and building capacities to overcome these challenges and develop a sustainable green financing framework. Drawing knowledge from successful case studies, technological advancements in finance, and supportive policies and regulations, the book contributes to innovative financial models. It builds a robust knowledge base to inform decision-making and guide the global community towards a sustainable and resilient future. This book is an indispensable resource for policymakers, investors, entrepreneurs, and academics.

Empowering Small Enterprises for Sustainable Growth in Developing Countries

Green Financing in Emerging Economies

Innovation, Technology, and Knowledge Management

This book explores the life and legacy of Francis Bacon, tracing how his vision of mastering nature through knowledge influenced centuries of scientific and technological progress. Using scattered writings as a foundation, the author reconstructs the so-called Baconian Program and traces its evolution through the Scientific Revolution, the Enlightenment, and the Industrial Revolution, ultimately reaching its zenith in the 20th century.&nbsp;Although Bacon’s ideas were extraordinarily successful, they also had unintended consequences that now challenge their original foundations. As the Baconian era comes to a close, the book reflects on the uncertainties of our time and explores emerging paradigms that could lead humanity into a post-Baconian future. This book will appeal to scholars, researchers, and students interested in the development of science and innovation studies, as well as anyone seeking to understand the historical roots and future implications of knowledge-driven progress.

The Twilight of Sir Francis Bacon’s Epoch and the Prospects for Humanity

Knowledge is Power

Das erste Lexikon im Fintech-Bereich stellt mit über 800 Stichworten einschlägiges Know-how zur „Financial Technology“ bereit und hilft damit bei der Klärung aktueller Begrifflichkeiten. Dem interdisziplinären Charakter der Fintech-Entwicklung zufolge sind die Begriffe an der Schnittstelle von (Wirtschafts-)Informatik, Finanzwissenschaft und Innovationsmanagement verortet. Die Fintech-Terminologie richtet sich dabei mit ihren konzise beschriebenen und mit anschaulichen Grafiken ergänzten Inhalten gleichermaßen an Studierende sowie Interessierte aus Wissenschaft und Praxis.
 
 Die AutorenProf. Dr. Rainer Alt ist Professor für Wirtschaftsinformatik an der Universität Leipzig und Autor zahlreicher Publikationen im Fintech-Bereich.&nbsp;Dr. Stefan Huch ist Senior Director bei Capgemini Invent und vertritt die Professur Digitalisierung von Unternehmensprozessen an der Hochschule Merseburg.
 
 Würdigungen„Aus meiner Sicht als Führungskraft einer global agierenden Bank ist das Fintech-Lexikon ein sehr gelungenes Nachschlagewerk, das alle relevanten Begrifflichkeiten in einer sehr verständlichen Art strukturiert darstellt und erläutert- eine gute Stütze, um in der Praxis die relevanten Begrifflichkeiten der Fintech-Szene im Überblick zu haben." Achim Lebeau, COO, DB Privat- und Firmenkunden AG„Selbst gründen bedeutet in vielen Bereichen ins kalte Wasser geworfen zu werden. Man muss in kürzester Zeit zum Allround-Experten werden: im Sales, im Marketing, im Finance oder im Fundraising. Hier eine strukturierte Übersicht aller Begrifflichkeiten der Startup-Welt an der Hand zu haben, ist eine enorme Hilfe.“ Jenny Saft, Geschäftsführung und Co-Founderin, Oviavo GmbH„Dieses Fintech-Lexikon bietet einen hervorragenden Orientierungsrahmen, indem es alle relevanten Begrifflichkeiten im Kontext der digitalisierten Finanzwelt aufgreift. Diese sind konsequent strukturiert und inverständlichen Worten definiert. Ein wertvoller Beitrag für die Praxis.“ Thomas Zerndt, CEO, Business Engineering Institute St. Gallen AG

Dieses Buch hilft dem Leser im Umfeld der Digitalisierung bei der Begriffsklärung und stellt einschlägiges Know-how zur Verfügung.&nbsp;Was bedeutet 42? Was ist eine Subchain? Was ist der Unterschied zwischen Robotics und Artificial Intelligence? Der Schwerpunkt liegt dabei auf den Entwicklungen, die seit 2010 mit der Digitalisierung unter dem Namen "Financial Technology" eine zunehmende Verbreitung erlebt haben. Die Begrifflichkeiten umfassen grundlegende Begriffe, die Eingang in die allgemeine Sprache gefunden haben, wie etwa Artificial Intelligence oder Blockchain, aber auch fachspezifische Termini, die für das Verständnis der einzelnen Technologien notwendig sind (zum Beispiel 42, Nonce). Die Fintech-Terminologie bietet dem Leser einen konzisen und gleichzeitig anschaulich dargestellten alphabetisch geordneten Überblick mit den darin enthaltenen praxisorientierten Antworten.

Begriffe für die digitalisierte Finanzwelt

Fintech-Lexikon

The law codes in the Middle East North Africa (MENA) region are a well-crafted blend of civil and Islamic law in which civil law principles do not violate Islamic provisions. Yet, common law principles derived either from English common law or Islamic customary usages remain unidentified and thus ignored. Here, this complex scenario is rectified through a comparative analysis of the primary data (e.g. cases, statutes and arbitral award decisions), adding common law and uncodified Islamic custom to MENA law codes. The purpose of this comparative analysis is to allow common legal principles found in civil, common and Islamic law to be distilled in order to create a new, harmonised international commercial arbitration law code (HICALC) or uniform Arab arbitration law (UAAL) for adoption in the MENA region, where these principles already greatly influence the legal systems and can be readily assimilated into a harmonised or uniform code. The work demonstrates that this new code would lead to improved arbitral award enforcement in the MENA.

The law codes in the Middle East North Africa (MENA) region are a well-crafted blend of civil and Islamic law in which civil law principles do not violate Islamic provisions. Yet, common law principles derived either from English common law or Islamic customary usages remain unidentified and thus ignored. Here, this complex scenario is rectified through a comparative analysis of the primary data (e.g. cases, statutes and arbitral award decisions), adding common law and uncodified Islamic custom to MENA law codes. The purpose of this comparative analysis is to allow common legal principles found in civil, common and Islamic law to be distilled in order to create a new, harmonised international commercial arbitration law code (HICALC) or uniform Arab arbitration law (UAAL) for adoption in the MENA region, where these principles already greatly influence the legal systems and can be readily assimilated into a harmonised or uniform code. The work demonstrates that this new code would leadto improved arbitral award enforcement in the MENA.

A Model Harmonised International Arbitration Law Code for the Middle East and North Africa

Makers of the Modern World

Peasants

SpringerBriefs in Regional Science

This book analyzes regional business cycles in Latin America. The authors explain the nature of regional business cycles and discuss different sources of regional economic fluctuations such as technology changes, natural disasters, or supply and demand shocks. Presenting case studies on Brazil, Chile and Mexico, the authors examine the co-movement of regional business cycles as well as the differing responses of regional economies to external shocks due to regional characteristics such as availability of natural resources, and the degree of integration into national and global markets. This short book appealto students and scholars as well as policy makers interested in regional growth processes in developing countries.

This book analyzes regional business cycles in Latin America. The authors explain the nature of regional business cycles and discuss different sources of regional economic fluctuations such as technology changes, natural disasters, or supply and demand shocks. Presenting case studies on Brazil, Chile and Mexico, the authors examine the co-movement of regional business cycles as well as the differing responses of regional economies to external shocks due to regional characteristics such as availability of natural resources, and the degree of integration into national and global markets. This short book appealto students and scholars as well as policy makers interested in regional growth processes in developing countries.

A Sub-National Synchronization Study

Regional Business Cycles in Latin America

Mercatus Studies in Political and Social Economy

“In&nbsp;
 Disruptive Orders
 , authors Nona and Virgil Storr provide a compelling reassessment of the significance of the Burma Road Riot.… Beyond a solid theoretical intervention, the authors are to be commended for the depth of archival and ethnographic research that makes this study an excellent contribution to Bahamian social-political history and larger studies on public disturbances.”—Christopher Curry, author of&nbsp;
 Freedom and Resistance
 "This book provides a fascinating account of the 1942 riot that occurred in the Bahamas.”—Matthew Moran, author of 
 The Republic and the Riots
 “As a Bahamian and as someone who has spent years in public service, I fully&nbsp;endorse&nbsp;the powerful and necessary insights that&nbsp;
 Disruptive Orders
 brings to our understanding of the 1942 riot and its lasting impact on The Bahamas. This important work reframes the event as a catalyst for change. It does not glorify unrest but provides a thoughtful framework to understand why such moments arise and how they shape the trajectory of a people.”—J. Kwasi Thompson, Member of Parliament for East Grand Bahama and Former Minister of State for Grand Bahama and Finance
 
 “Hayekian spontaneous order meets the theory and practice of urban riots. In&nbsp;
 Disruptive Orders
 , Nona and Virgil Storr offer a fascinating and persuasive account of the role of spontaneous street protests in driving social change. Creative social theory at its best.”—Mark Pennington, author of 
 Foucault and Liberal Political Economy
 Are riots more than just breakdowns of order? Are rioters just violently and chaotically disrupting the status quo or are they individuals acting together in a&nbsp;surprisingly orderly manner? In 
 Disruptive Orders
 , 
 
 Nona Martin Storr and Virgil Henry Storr argue that riots are rule-governed, self-generating, emergent phenomena. Viewing riots as what they call “tensive emergent orders” offers a grammar for discussing riots that foregrounds the motivations and actions of individual rioters, the tacit rules that rioters follow, and the socio-political causes and consequences of riots . Applying this grammar to the 1942 riot that occurred in the Bahamas, Storr and Storr demonstrate how the 1942 riot was not just a momentary outburst but a watershed event in the country’s history, ushering in far-reaching socio-political changes. As we move into an era of frequent extreme protests, 
 Disruptive Orders 
 urges us to rethink why the threatened and marginalized sometimes speak through riots and gives us a framework to assess the impact of their speaking in this way.
 Nona Martin Storr
 &nbsp;is Senior Affiliated Scholar at the Mercatus Center at George Mason University. Her scholarly work has focused on the political and social histories of disadvantaged communities. She holds a PhD in History from George Mason University and a MA in Public History (with an emphasis in oral history) from Loyola University Chicago. Her writings on riots have appeared in the 
 Journal of Caribbean History
 , 
 Island Studies Journal 
 and 
 Space and Culture
 .
 Virgil Henry Storr
 &nbsp;is the Don C. Lavoie Senior Fellow in the he Mercatus Center's F.A. Hayek Program in Philosophy, Politics and Economics a Professor of Economics, and a Professor of Economics at George Mason University.&nbsp;Storr’s previous book with Palgrave Macmillan include 
 Do Markets Corrupt Our Morals? 
 and 
 Community Revival in the Wake of Disaster
 .

Are riots more than just breakdowns of order? Are rioters just violently and chaotically disrupting the status quo or are they individuals acting together in a&nbsp;surprisingly orderly manner? In 
 Disruptive Orders
 , 
 
 Nona Martin Storr and Virgil Henry Storr argue that riots are rule-governed, self-generating, emergent phenomena. Viewing riots as what they call “tensive emergent orders” offers a grammar for discussing riots that foregrounds the motivations and actions of individual rioters, the tacit rules that rioters follow, and the socio-political causes and consequences of riots . Applying this grammar to the 1942 riot that occurred in the Bahamas, Storr and Storr demonstrate how the 1942 riot was not just a momentary outburst but a watershed event in the country’s history, ushering in far-reaching socio-political changes. As we move into an era of frequent extreme protests, 
 Disruptive Orders 
 urges us to rethink why the threatened and marginalized sometimes speak through riots and gives us a framework to assess the impact of their speaking in this way.

Riots as a way of speaking and socio-political change in the Bahamas

Disruptive Orders

Evolutionary Economics and Social Complexity Science

This is the first book to present a new approach of institutional design as an evolutionary applied policy based on coherent conceptualization and methodology, and to study the actuality and implications of diversifying real/virtual community currencies. In contrast to a de facto standard theory, an institutional ecosystem can be composed of various institutions that continue to coexist with changing relative frequencies. In this view, diversified monetary institutions with local rules are feasible and realistic. Community currencies are worldwide attempts to redress such problems as financial instability, chronic stagnation, and decline of communities caused by globalization of the economy. Considering those alternative movements as a new type of policy, "evolutionist institutional design", this book clarifies the feasibility and significance of community currencies in the current era of globalization. The book also provides a better understanding than mainstream approaches of such platform institutions as money that determine fundamental means of cognition and action of interacting agents. Money is a symbolically generalized communication medium in the mesodomain that mediates between socioeconomic performance and patterns in the macrodomain and motives and cognitive frameworks in the microdomain. Conventional national systems of money and finance are platform institutions that determine basic replicators for a capitalistic market economy to evolve. In contrast, community currencies conveying both economic and social/cultural values are distinct platform institutions that are expected to endogenously change such basic replicators in outer and inner institutions for agents to a noncapitalistic market economy. These currencies are considered target institutions for "media design" in the framework of evolutionist institutional design.

This is the first book to present a new approach of institutional design as an evolutionary applied policy based on coherent conceptualization and methodology, and to study the actuality and implications of diversifying real/virtual community currencies. In contrast to a de facto standard theory, an institutional ecosystem can be composed of various institutions that continue to coexist with changing relative frequencies. In this view, diversified monetary institutions with local rules are feasible and realistic. Community currencies are worldwide attempts to redress such problems as financial instability, chronic stagnation, and decline of communities caused by globalization of the economy. Considering those alternative movements as a new type of policy, “evolutionist institutional design”, this book clarifies the feasibility and significance of community currencies in the current era of globalization. The book also provides a better understanding than mainstream approaches of such platform institutions as money that determine fundamental means of cognition and action of interacting agents. Money is a symbolically generalized communication medium in the mesodomain that mediates between socioeconomic performance and patterns in the macrodomain and motives and cognitive frameworks in the microdomain. Conventional national systems of money and finance are platform institutions that determine basic replicators for a capitalistic market economy to evolve. In contrast, community currencies conveying both economic and social/cultural values are distinct platform institutions that are expected to endogenously change such basic replicators in outer and inner institutions for agents to a noncapitalistic market economy. These currencies are considered target institutions for “media design” in the framework of evolutionist institutional design.

An Evolutionist Institutional Design Approach

Community Currency

The Chinese Origin of Physiocracy

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