Three essays by Derek Jones, the Irma M. and Robert D. Morris Professor of Economics, have been reprinted as chapters in The Economics Of Worker Cooperatives. The book was edited by John Pencavel of Stanford University and is part of The International Library of Critical Writings in Economics series from Edward Elgar Publishing.
According to the publisher, The Economics Of Worker Cooperatives is a selection of essays by leading scholars dating from 1958 to 2011. The book serves as a guide to past and current thinking on a topic that has seen “a resurgence of interest” with “the collapse of state-sponsored socialism in Eastern Europe and growing discontent with loosely-fettered capitalism.”
Jones’ chapters appear in the book’s first section, “The Setting.” Two of the chapters, ”British Economic Thought on Association of Laborers 1848–1974” and “American Producer Cooperatives and Employee-Owned Firms: A Historical Perspective,” were originally published in 1976 and 1984, respectively. A third chapter, “Theoretical and Empirical Studies of Producer Cooperatives: Will Ever the Twain Meet?,” was co-authored with John Bonin and Louis Putterman in 1993.
