Economic Theory - General & Miscellaneous, Economics & Finance, Macroeconomics - General & Miscellaneous, Privatization, Business - General & Miscellaneous
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Overview
The Market Revolution and its limits summarises why many economists believe that markets are best. It explores how even 'market failures' can be given market solutions, and asks why market ideas seem to have taken such a firm hold. Non-polemical in its approach, this book provides a comprehensive appraisal of the market and its alternatives, backed up with empirical international illustrations.Shipman concludes that the 'revolution' lies in redefining the market process rather than the market outcome.
Synopsis
Non-polemical in its approach, this book provides a comprehensive appraisal of the market and its alternatives, backed up with empirical international illustrations.
Editorials
Booknews
Writing primarily for undergraduate students, economist Shipman explores the theoretical reasons much of the world seems to be embracing the model of free markets. The limits and benefits of interventionism are explored and the effects of institutional constraints upon markets are examined in a manner that is largely sympathetic towards the proponents of free markets. Annotation c. Book News, Inc., Portland, OR (booknews.com)Book Details
Published
March 1, 1999
Publisher
Taylor & Francis, Inc.
Pages
504
Format
Paperback
ISBN
9780415157360