ABSTRACT

This book seeks to explain long-term economic development and institutional change in terms of the cognitive features of human learning and communication processes. Martens links individual cognitive processes to macroeconomic growth theories, including economies of scale and scope, and to theories of institutional development based on asymmetric i

chapter |12 pages

Introduction

part |2 pages

Part I Knowledge and Economics

part |2 pages

Part II The Principle of Cognitive Economy

part |3 pages

Part III The Cognitive Mechanics of Institutional Change

chapter |15 pages

The Role of Institutions

chapter |21 pages

Endogenous Institutions