Advertisement

Crusoe’s Kingdom: Cost, Choice and Political Economy

  • J. Wiseman
  • S. C. Littlechild

Abstract

Robinson Crusoe is the economist’s archetypal expository device. He is used to illustrate individual consumption and investment decisions before Friday is wheeled on to illustrate trade. But a reading of Defoe’s novel reveals a somewhat different picture. Crusoe’s own decision-making process is significantly richer than that envisaged in economics textbooks. Furthermore, Crusoe and Friday never engage in trade: their relationship is somewhere between that of a firm and a command economy.

Keywords

Political Economy Public Choice Contingency Plan Subjectivist Approach Command Economy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. 1.
    Page references are to Daniel Defoe, The Life and Strange Surprizing Adventures of Robinson Crusoe of York, ed. J. Donald Crowley ( London and Oxford: Oxford University Press, 1976 ).Google Scholar

Copyright information

© Stephen F. Frowen 1990

Authors and Affiliations

  • J. Wiseman
  • S. C. Littlechild

There are no affiliations available

Personalised recommendations