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Man, Physical Resources, and Economic Organization
Author(s) -
Breimyer Harold F.
Publication year - 1973
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238655
Subject(s) - nonfarm payrolls , production (economics) , control (management) , agriculture , human resources , enlightenment , business , economics , management , microeconomics , ecology , philosophy , theology , biology
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.