Author : Charles E. Lindblom
Publisher : Yale University Press
Page : 304 pages
File Size : 30,85 MB
Release : 2008-10-01
Category : Political Science
ISBN : 0300129084
Just what is the market system? This clear and accessible book answers this question, then explains how it works and what it can and cannot do. Lindblom, writing in nontechnical language for a wide general audience, offers an evenhanded view of the market system and its prospects for the future.
Author : Edward O. Thorp
Publisher :
Page : 248 pages
File Size : 32,92 MB
Release : 1967
Category : Business & Economics
ISBN :
Author : Paul de Grauwe
Publisher : Oxford University Press
Page : 182 pages
File Size : 39,16 MB
Release : 2017
Category : Capitalism
ISBN : 0198784287
The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show?
Author : Robert H. Haveman
Publisher : John Wiley & Sons
Page : 292 pages
File Size : 13,89 MB
Release : 1970
Category : Business & Economics
ISBN :
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 252 pages
File Size : 46,36 MB
Release : 2024-02-12
Category : Business & Economics
ISBN :
What is Market System A market system is any systematic process enabling many market players to offer and demand: helping buyers and sellers interact and make deals. It is not just the price mechanism but the entire system of regulation, qualification, credentials, reputations and clearing that surrounds that mechanism and makes it operate in a social context. Some authors use the term "market system" to refer to specifically to the free market system. This article focuses on the more general sense of the term according to which there are a variety of different market systems. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Market system Chapter 2: Neoclassical economics Chapter 3: Means of production Chapter 4: Market economy Chapter 5: Transaction cost Chapter 6: Democratic capitalism Chapter 7: Eco-capitalism Chapter 8: Information economics Chapter 9: Commons-based peer production Chapter 10: Market (economics) Chapter 11: Fair trade debate Chapter 12: Macromarketing Chapter 13: Chrematistics Chapter 14: Collaborative consumption Chapter 15: Reverse auction Chapter 16: Economics of networks Chapter 17: Islamic marketing Chapter 18: Rainbow capitalism Chapter 19: Quadratic voting Chapter 20: Economic voting Chapter 21: Yeon-Koo Che (II) Answering the public top questions about market system. (III) Real world examples for the usage of market system in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market System.
Author : Israel Mayer Kirzner
Publisher : Ludwig von Mises Institute
Page : 340 pages
File Size : 45,18 MB
Release : 2007
Category :
ISBN : 1610160290
Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization exceptional. He takes the reader through the foundations of individual action, exchange, utility, demand and supply, production, and the market process itself. Had it been in print, it would have schooled generations in Austrian price theory, and it is surely useful in the classroom today, or for general reading. Not a collection of essays, it is an integrated presentation from top to bottom, written early in Kirzner's post-doctoral career.
Author : Robert Sirico
Publisher : Simon and Schuster
Page : 226 pages
File Size : 33,13 MB
Release : 2012-05-21
Category : Political Science
ISBN : 1596988118
Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.
Author : Peter Temin
Publisher : Princeton University Press
Page : 318 pages
File Size : 21,92 MB
Release : 2013
Category : Business & Economics
ISBN : 069114768X
The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.
Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
Page : 246 pages
File Size : 37,36 MB
Release : 2012-04-24
Category : Philosophy
ISBN : 1429942584
In What Money Can't Buy, renowned political philosopher Michael J. Sandel rethinks the role that markets and money should play in our society. Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay? In his New York Times bestseller What Money Can't Buy, Michael J. Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? Over recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?
Author : Lawrence J. Gitman
Publisher :
Page : 1455 pages
File Size : 22,31 MB
Release : 2024-09-16
Category : Business & Economics
ISBN :
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
