The Market Revolution and its Limits: A Price for Everything - Hardcover

9780415157353: The Market Revolution and its Limits: A Price for Everything
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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.

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About the Author:
Alan Shipman is a freelance economist and economic journalist.
Review:
'The Market Revolution and Its Limits provides a useful survey of the market perspective.' - Millennium

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  • PublisherRoutledge
  • Publication date1999
  • ISBN 10 0415157358
  • ISBN 13 9780415157353
  • BindingHardcover
  • Edition number1
  • Number of pages512

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9780415157360: The Market Revolution and its Limits: A Price for Everything

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Publisher: Routledge, 1999
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Book Description Hardcover. Condition: Very Good. No Jacket. 1st Edition. "Privatize, liberalize, deregulate, downsize the state.Have economists got what they want? There is much debate today as to whether the free market approach to economics has finally run its course, The Market Revolution and its Limits is a timely consideration of the arguments. Non-polemical in its approach, this book provides a comprehensive appraisal of the market and its alternatives, backed up with empirical international illustrations. The Market Revolution and its limits explains why many economists believe that markets are best, explores how even 'market failures' can be given market solutions, and investigates why market ideas have taken such a firm political hold. It is argued that the static and dynamic cases for market superiority rest on two very different views of the information processing and co-ordinating capacities of markets. By identifying the wide transaction area between market and plan, the author concludes that the 'revolution' to date lies less in recreating market outcomes than in redefining the market process, with large businesses playing a crucial organising role. " (Publisher). Seller Inventory # HB8040

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