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...dministrative agencies govern entire sectors of the economy. In short, the production and distribution of wealth are the result of conscious political decisions ...ply it to labor unions and other worker collectives on the basis that this joint action represented a “restraint of trade” (Greenslade 1988, p. 166). Th

...mechanism is utilized for the allocation of capital goods and the means of production.[1][2][3] Depending on the specific model of market socialism, profits gene ...osed by American neoclassical economists, public ownership of the means of production is achieved through public ownership of equity and social control of invest

...nvoluntary trade on the market’s ability to equate costs and benefits of production that involves effectively forced labor. ...e amount a person can consume without any kind trade—either through home production or through consuming what she already owns (Sen, 1981, pp. 172-173). Both o

...ual jobs with extensive autonomy to suggestion boxes to quality circles to joint safety committees to self-managed work teams. Figure 1 shows that a little ...place by limiting managerial discretion. Strikes and work slowdowns reduce production. On the other hand, unions may improve communication among workers and betw

The current structure of capital ownership and organization of production in our so-called "market" economy, reflects coercive state intervention pri ... imagination. But it would have been a world of decentralized, small-scale production for local use, owned and controlled by those who did the work - as differen

...erations, and Impact D44 - Auctions D47 - Market Design D51 - Exchange and Production Economies D61 - Allocative Efficiency; Cost-Benefit Analysis D62 - External Rules: First-price, multi-item, sealed-bid auctions (that allow for joint bids), followed by a scrip reallocation procedure.

...ple, reports that Franklin Delano Roosevelt declared the following after a joint meeting with the Prime Minister of Canada on May 1st of 1933: ...d spending. Output contracted by a third in 1929-33 and monthly industrial production lost more than half its value, as shown in Figure 2.

...ng. Cartels almost always agree to raise their list prices, to lower total production, or both; they may also reinforce this basic decision by fixing market shar ...rs of buyers, a small amount of noncartel production capacity, equality of production costs across firms, and relatively stable or predictable demand conditions.

... of Alabama, nor to the members of the cast of any stage or motion picture production characterizing the officials of a foreign state, nation, or government; pro ...ny person acting or appearing in any theater, motion picture or television production while actually engaged in representing therein military or naval characters

... on the right to sell the product, and charge enormous markups over actual production cost. ...n in those whose efforts and distributed knowledge are actually needed for production, the firm is riddled with information and incentive problems and fundamenta

it increases the social product by putting means of production in the hands of those who can use them most efficiently (profitably); exper ...t graze” their possible options, and the four possible outcomes of their joint action. Within the boxes, the numbers represent the utility each herder rec

...ale ranges and rotational grazing are required for sustain- able livestock production (Kabubo-Mariara, 2005; Borwein, 2013; see also, Mearns, 1996; Banks, 2003; ...e hand, and the need for large-scale ranges and mobile herds for livestock production in arid and semi-arid regions, on the other (Rutten, 1992).

...e faced by each of two prisoners who are questioned separately about their joint crime and must decide whether to stay silent (cooperate) or testify (defect ...e of monopoly power that a particular holdout might possess, examining the production function for assembly surplus may be helpful. Particularly conducive to hol