Man, Physical Resources, and Economic Organization

Harold F. Breimyer

American Journal of Agricultural Economics, 1973, vol. 55, issue 1, 1-9

Abstract: Formal economics has centered on the combination of resources. Contemporary events force concern for forms of economic organization, inquiry into which must put the human role uppermost. A taxonomy of economic organization contains three systems of production and three of control. The Enlightenment brought freedom of contract as a control system, which fits well with proprietary production in farming but clashes with industrial nonfarm production. The nonfarm economy faces institutional reform, while farming must choose its production-control pattern. Examination of alternate production and control systems can aid in organizational choice.

Date: 1973
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