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Armen A. Alchian

    Armen Alchian was an influential economist whose work focused on understanding the principles of market organization and functioning. His analyses emphasized the importance of informal rules and evolutionary processes in shaping economic institutions. Alchian's approach was characterized by a pursuit of rigorous theoretical models that could also explain real-world economic phenomena. His contributions continue to inspire economists working in microeconomics, the theory of the firm, and institutional economics.

    Universal Economics
    Collected Works of Armen A Alchian, 2-Volume Set
    The Collected Works of Armen A. Alchian
    • The Collected Works of Armen A. Alchian

      • 1589 pages
      • 56 hours of reading
      4.5(16)Add rating

      Liberty Fund is proud to present, in two volumes, 'The Collected Works of Armen A Alchian', bringing together Alchian's most influential essays, articles, editorials, and lectures to provide a comprehensive record of his thinking on a broad range of topics in economics. As various and as specific as some of this collection's topics are, they are unified, as editor Daniel K Benjamin writes, by "both a coherent methodology for doing economics, and a view of the world that celebrates the importance of individual liberty." Benjamin goes on to state that, in Alchian's view, "the purpose of theory is never theory in and of itself; it is instead to help individuals understand the world around them."

      The Collected Works of Armen A. Alchian