Towards a Well-Functioning Economy: The Evolution of Economic Systems and Decision-Making - Couverture rigide

Haddad, Louis

Couverture rigide

ISBN 10 : 1858988926 ISBN 13 : 9781858988924

Editeur : Edward Elgar Publishing Ltd, 2002

Synopsis

This book examines the economy as an evolving entity and develops a new and coherent approach to the classification of economic systems. It demonstrates how the components of a decision-making system and the properties of a functioning economy are intrinsically linked. A well-functioning economy is shown to depend chiefly on 'correct' decisions. These in turn depend on an efficient decision-making system, an appropriate mix of markets, organizations and governments, and an optimal combination of the four enforcing mechanisms of a modern economic system: custom, command, competition and cooperation.

Although this book is primarily about economics, non-economic considerations, including politics and ethics, are brought into the analysis. The most important decisions in life include choices between economic and non-economic issues. Hence, one of the aims of this book is to provide a conceptual framework to cope with these choices. The book also attempts to establish some plausible conditions for well-functioning economy and a 'just society'.

This thoughtful book will be of interest to economists of economic theory and economic systems as well as policymakers in both the private and public sectors.

A propos du livre

À propos de l'auteur

Louis Haddad, formerly Honorary Research Fellow, Department of Economics, University of Sydney, Australia

Détails de l'édition

• Éditeur: Edward Elgar Publishing Ltd
• Date d'édition: 2002
• Langue: anglais
• ISBN 10: 1858988926
• ISBN 13: 9781858988924
• Reliure: Relié
• Nombre de pages: 304
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible