{"product_id":"the-oil-fraternity-in-texas-moral-economy-and-petroleum-engineering-science-paperback-softback-9781682832202","title":"The Oil Fraternity in Texas; Moral Economy and Petroleum Engineering Science (Paperback \/ softback) 9781682832202","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Oil Fraternity in Texas\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eMoral Economy and Petroleum Engineering Science\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eEdward W. Constant II (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781682832202\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 4 December 2024\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e320 pages\u003cbr\u003e22.9 x 15.2 x 2.2 cm, 0.568 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eDespite their self-proclaimed reputation as the \"greatest gamblers\" and the fiercest of free-enterprise capitalists, Edward W. Constant II argues that oilmen in Texas quickly evolved a closely-knit fraternity defined by an altruistic, cooperative moral economy.\tYet what oilmen did, what they owned, how they used it, and how they thought about it was transmuted in practice and transformed in law by the emergence of an increasingly sophisticated and robust petroleum engineering science.\u003cbr\u003e\u003cbr\u003eAlthough savage in their criticism of and opposition to any form of \"regulation\" or government meddling, since the early 1930s the oil fraternity has thrived and prospered mightily in one of the most highly regulated businesses in the United States. But this regulation, by the Railroad Commission of Texas (itself part and parcel of the oil fraternity), was fraternal self-regulation: however fraught, it was both science-based and protective of the oil fraternity and its moral economy.\u003cbr\u003e\u003cbr\u003eThis book explores the origin, character, and path-dependent coevolution of these seemingly paradoxical features and offers an alternative--moral economy--to orthodox, purely egoistic-incentive based accounts of economic behavior.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/font\u003e","brand":"Texas Tech University Press","offers":[{"title":"Brand New","offer_id":52633793036568,"sku":"9781682832202","price":29.99,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-oil-fraternity-in-texas-moral-economy-and-petroleum-engineering-science-paperback-softback-9781682832202","provider":"Freshly Printed Books","version":"1.0","type":"link"}