This text provides an ethnography of a Chinese middle school based on fieldwork conducted in 1988 to 1989. It provides a way of looking at classroom and societal interactions in terms of the interplay among criticism, face and shame.

The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. All of the essays in this book challenge the conventional wisdom in the problem areas addressed. They advocate policy positions that often run contrary to views widely held by academic economists and policy makers alike. The general literature of institutional economics is unorthodox, beginning with its methodological foundations and continuing through the kind of policy analysis found in these pages. The orthodox tradition in economics is commonly characterized as "neoclassical economics." Neoclassical economics fosters the myth that only "the market" can efficiently allocate a society's economic resources and equitably distribute its income. It provides the intellectual defense for in which "free markets" are championed over democratic capitalist ideology policy formation, which it contends is neither efficient nor equitable. For both professional economists and policy makers of a conservative political persuasion, neoclassical economics writes the script for a morality play in which the market is the "good guy" and the government is the "bad guy." As such, it undermines the belief that free societies can enhance economic welfare through the use of democratic processes in the formulation of economic policies.

J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught in the American intellectual tradition of Thorstein Weblen, John R. Commons, John Dewey and Clarence E. Ayres. This tradition shares purpose and philosophy with the European contributors, Gunnar Myrdal and K. William Kapp. Because little of Foster's scholarly work was formally published, professional knowledge of his extraordinary contribution is quite limited beyond the circle of his students and colleagues. Value Theory and Economic Progress attempts to correct that deficiency by providing an extended characterization of this missing and crucial component of the development of American heterodox economic thought. Its purpose is to demonstrate the timely relevance and significance of this model of inquiry in political economy. In addition, this volume explains that contemporary problem solving means changing `what is' into `what ought to be' through institutional adjustments; such a demonstration is at the heart of Foster's contribution to institutional thought.

Comprises a collection of essays on institutional economics from the point of view of a dissenting institutional economist. Traces the development of institutional economics, examines its relation to mainstream neoclassical economics and describes the theoretical foundations and methodology. Explores the increasing power of the corporation in the economy and society and investigates approaches to economic planning which turn away from corporatism and toward greater economic democracy.

Richard received his education on the East Coast: A Master's degree at the Fletcher School of Law and Diplomacy, and a Ph.D. in Economics at Rutgers University in New Brunswick, N.J. Both Richard and June were raised in the inner city of Newark, went to the same high school, and were married in 1954. June received a bachelor's degree from Portland State University and a Ph.D. from the University of Oregon, both in Sociology. This interconnection between the economic and sociological permeates their basic research focus which, overall, is directed toward an analysis of the dynamics of culture evolution. Richard's and June's current research interests relate to the interrelation between globalization and culture.

A collection of writings by economist and social critic Thorstein Veblen that provides a hearty sample of his broad spectrum of thought. Veblen ignited controversy in many academic disciplines: from his opinions about "conspicuous consumption," to his views on "salesmanship and the churches," Veblen walked across the wet mopped floors of our culture with muddy boots. Paper edition (unseen), $19.95. Annotation copyright by Book News, Inc., Portland, OR