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Free Market Economics 2e by Schotter 9781557860668
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Free Market Economics 2e by Schotter 9781557860668

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Description

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.

Book Information
ISBN 9781557860668
Author Schotter
Format Paperback
Page Count 180
Imprint Blackwell Publishers
Publisher John Wiley and Sons Ltd
Weight(grams) 262g

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