Markets, Hierarchies and Networks

Grahame Thompson is Professor of Political Economy at The Open UniversityCONTRIBUTORS ARE ALL AT THE OPEN UNIVERSITY EXCEPT:Susan Baker Cardiff UniversityChris Dent University of Lincoln and HumbersideJohn Grahl University of North LondonValerio Lintner London Guildhall UniversityMike Moran University of Manchester

• Introduction - Jennifer Frances et alPART ONE: MARKETSIntroduction - Rosalind Levaci[ac]cOn Markets - Alfred MarshallMarkets and Government - Rosalind Levaci[ac]cAn OverviewSocialism, Planning, and the Market - Hans Breitenbach, Tom Burden and David CoatesMarket Process versus Market Equilibrium - Israel M KriznerMarkets and Managerial Hierarchies - Tony McGuinnessCreating the Single European Market - Dennis SwannWhich Internal Market? The NHS White Paper and Internal Markets - Penelope M MullenPART TWO: HIERARCHIESIntroduction - Jeremy MitchellIn Praise of Hierarchy - Elliott JaquesLegal Authority in a Bureaucracy - Max WeberModels of Bureaucracy - David BeethamSurvival Inside Bureaucracy - Guy BenvenisteMarket, Capitalism, Planning and Technocracy - Giovanni SartoriNew Directions for Industrial Policy in the Area of Regulatory Reform - John VickersPART THREE: NETWORKSIntroduction - Grahame ThompsonNetwork Analysis - David Knoke and James H KuklinkskiBasic ConceptsNeither Friends nor Strangers - Edward H LorenzInformal Networks of Subcontracting in French IndustryBeyond Vertical Integration - The Rise of the Value-Adding Partnership - Russell Johnston and Paul R LawrencePolicy Networks and Sub-Central Government - R A W RhodesTaking and Giving - Pnina WerbnerWorking Women and Female Bonds in a Pakistani Immigrant NeighbourhoodCommunity, Market, State - and Associations? The Prospective Contribution of Interest Governance to Social Order - Wolfgang Streeck and Philippe C SchmitterPART THREE: COMPARISON BETWEEN MODELSIntroduction - Grahame ThompsonMarkets, Bureaucracies and Clans - William G OuchiInterorganizational Relations in Industrial Systems - Jan Johanson and Lars-Gunnar MattssonA Network Approach Compared with the Transactions-Cost ApproachNeither Market nor Hierarchy - Walter W PowellNetwork Forms of OrganizationPrice, Authority and Trust - Jeffrey L Bradach and Robert G EcclesFrom Ideal Types to Plural FormsSpontaneous (′Grown′) Order and Organized (′Made′) Order - Frederick von Hayek

`In summary, it can be recorded that this is a substantial book: substantial in a number of respects. First it has much of substance to it - it covers a lot of ground. Second, as most papers in the book are closely argued, it covers that ground in some depth - there are few opportunities for the reader to coast here! It is also substantial in that, whether because of the inherent nature of the subject matter or the way it is exposed, its sparks ideas along the way and raises many more questions than it answers. Finally, it is substantial in the way the editors touch upon issues which are central to epistemology, the sociology of knowledge, and the philosophy of science.′ - Systems Practice