The limits of the market : the pendulum between government and market /

"The old discussion about 'Market or State' is obsolete.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 possible for everyone?...

Ausführliche Beschreibung

Gespeichert in:
Weitere Titel:
De limieten van de markt.
1. Verfasser:
Grauwe, Paul de
Weitere Verfasser:
Asbury, Anna (ÜbersetzerIn)
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Oxford : Oxford University Press, 2017.
Ausgabe:
First edition.
Zusammenfassung:
"The old discussion about 'Market or State' is obsolete.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 possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also the only interesting questions. That is why they are analysed 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 the government is everywhere 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 this book. Will the market, which today is allocated a greater and greater role thanks 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? These are important questions this book seeks to answer."--
Paul De Grauwe examines why a healthy mix of market and state seems so difficult and analyses the internal and external limits of the market and the government, and the swing between these two points.
Umfang:
1 online resource (182 p.) : ill.
Anmerkungen:
This translation previously issued in print: 2016.
Zielpublikum:
Specialized.
Anmerkungen:
Translated from the Dutch.
Bibliografie:
Includes bibliographical references and index.
ISBN:
0-19-182685-5
Schlagworte:
Financial services industry > State supervision.
Capitalism > Government policy.
Free enterprise.
Economic policy.
Commercial policy.
Economic stabilization.
economic policy.
government policy.
market economy.
globalisation.
impact study.
Economia de mercat.
Capitalisme.
Lliure empresa
Llibres electrònics
Bezugswerke:
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