The Invisible Foot

Robin Hahnel
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Robin Hahnel: Emeritus, American University, Washington DC, USA

Review of Radical Political Economics, 2014, vol. 46, issue 1, 70-86

Abstract: This article pays homage to E. K. Hunt who was a founding member of URPE who helped build chapters on several campuses in western states. Much of the author’s own research work over the past forty years was an attempt to strengthen criticisms Hunt voiced long ago about markets and blind spots in mainstream economic theory. The article reviews work inspired by Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as participatory planning.

Keywords: externalities; endogenous preferences; Coase theorem; participatory planning (search for similar items in EconPapers)
JEL-codes: B24 B25 B51 B52 D02 D11 D62 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:46:y:2014:i:1:p:70-86

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