This is the 30th anniversary of the publication of this paper, Property and Production, which laid out the whole property-theoretic analysis of production. I would not change a word today.
On a fallacy in the Kaldor-Hicks efficiency-equity analysis
March 18, 2014 by
This paper shows that implicit assumptions about the numeraire good in the Kaldor-Hicks efficiency-equity analysis involve a “same-yardstick” fallacy.
The Democratic Worker-Owned Firm
December 2, 2012 by
My second book was the 1989 The Democratic Worker-Owned Firm. The book was revised for the Chinese translation, and that is the version that can be downloaded here. This book develops the labor theory of property and democratic theory arguments for a democratic firm, and analyzes the connection between those principles and the legal structure of the firms.