Pascal Salin, competition, coordination and diversity: From the firm to economic integration Cheltenham, UK and Northampton, MA: Edward Elgar Publishing, Inc., 2015. xvi + 305 Pages. £85.00 (hardback)

Competition, Coordination and Diversity: From the Firm to Economic Integration by Pascal Salin is reviewed. This book seeks to present an Austrian approach to understanding the determination of the degrees of homogeneity and diversification within society. The author, in the introductory chapter, de...

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Bibliographic Details
Published inReview of Austrian Economics Vol. 30; no. 1; pp. 143 - 146
Main Author Hebert, David J.
Format Journal Article Book Review
LanguageEnglish
Published New York Springer US 01.03.2017
Springer Nature B.V
Subjects
Cartels
Competition
Coordination
Diversification
Economic crisis
Economic theory
Economics
Economics and Finance
Globalization
Government
History of Economic Thought/Methodology
Homogenization
Monetary policy
Political Science
Product differentiation
Public Finance
Public officials
Social sciences
Austria
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Summary:Competition, Coordination and Diversity: From the Firm to Economic Integration by Pascal Salin is reviewed. This book seeks to present an Austrian approach to understanding the determination of the degrees of homogeneity and diversification within society. The author, in the introductory chapter, describes the basic premise of the book by saying, the determination of the optimal degree of diversification and, therefore, the optimal degree of homogenization, is one of the great problems all societies have to solve. While this book is beautifully written, applies aprioristic reasoning in a clear and consistent manner, and is highly readable, it suffers from some minor problems.
ISSN:0889-3047
1573-7128
DOI:10.1007/s11138-015-0331-y