Human Factor in Free Market Efficiency

Contents Foreword Abut the book Author?s profile Preface 1 Introduction 2 Significance of economics for economizing problem 3 Pursuits of self-interest and the wealth creation process 4 Key assumptions of orthodox economic theorizing 5 Genesis of economic problems and the new challenges 6 Sources of inaction and failure 7 Critical reflections and observations on economic performance 8 Quality of the human factor and efficiency of economic systems 9 Ebbs and flows in the laissez-faire economic system 10 Human factor foundation of free market efficiency 11 Developing the positive qualities of the human factor 12 Conclusions and recommendations for public policy References IndexExisting knowledge about what makes the free market economy system function efficiently is incomplete though improving continually Few scholars of economics posses any ideas as to what unleashes the factors that fuel free market efficiency high economic growth and sustained human centered development The lack of this knowledge has led to warped philosophical economic thinking theorizing faulty policies useless plans irrelevant projects and bankrupt programmesThis book presents the theory and empirical evidence on the human factor foundation of free market efficiency It demonstrates that the sole variable that underscores the degree of effectiveness of the laissez-faire economic system is the quality of the human factor 168 pp.…