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Free Market Economics: A Critical Appraisal (Paperback)

Andrew Schotter

Edité par John Wiley and Sons Ltd, United Kingdom, 1991
ISBN 10: 1557860661 / ISBN 13: 9781557860668
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Titre : Free Market Economics: A Critical Appraisal ...

Éditeur : John Wiley and Sons Ltd, United Kingdom

Date d'édition : 1991

Reliure : Paperback

Etat du livre : New

Edition : 2nd Revised edition.

Description :

Language: English . Brand New Book. This book is an account of one of the central issues in economics, namely the potential of the free market system to solve social and economic problems. It explains the basic assumptions of the free market argument , examines their historical development, presents the standard criticisms of them and demonstrates how they can lead to social outcomes unacceptable to a consistent free market advocate. The author argues that while markets do work in many situations, they are not panaceas, and for some problems, non-market institutions organized and co-ordinated by the state are essential. N° de réf. du libraire AAH9781557860668

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Synopsis : This book is an account of one of the central issues in economics, namely the potential of the free market system to solve social and economic problems. It explains the basic assumptions of the "free market argument", examines their historical development, presents the standard criticisms of them and demonstrates how they can lead to social outcomes unacceptable to a consistent free market advocate. The author argues that while markets do work in many situations, they are not panaceas, and for some problems, non-market institutions organized and co-ordinated by the state are essential.

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