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Free Market Economics

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Free Market Economics


Paperback / softback

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Free Market Economics by Andrew Schotter
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This book is an account of one of the central issues in economics, namely the potential of the free market system to solve social and economic problems. It explains the basic assumptions of the "free market argument", examines their historical development, presents the standard criticisms of them and demonstrates how they can lead to social outcomes unacceptable to a consistent free market advocate. The author argues that while markets do work in many situations, they are not panaceas, and for some problems, non-market institutions organized and co-ordinated by the state are essential.
Release date NZ
May 24th, 1990
Country of Publication
United Kingdom
2nd Edition
bibliography, index
Blackwell Publishers
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