How the Market Was Formed: Starting from the Empirical Facts of Salt Smuggling in the Qing Dynasty
by Huang Guoxin
About This Novel
In economics, as a social science, all empirical facts, especially living people and events, are abstracted and turned into disembodied facts or even figures, leaving a large number of topics that need to be implemented and enriched in historical scenes. History deals with living people and events. This book attempts to dialogue with classical economics and new institutional economics through vivid people and events, and deeply discusses the specific behaviors and activities of people required for the market to move from abstract logical formation to concrete operation, such as how to obtain market information, how groups or organizations operate, how potential markets can be developed into actual markets under the price mechanism, how to reduce transaction costs, and other factors, thereby substantially enriching and adjusting some conclusions of economic market formation theory.
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