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Market management of the essential economy: an essay
- Source :
- The Journal of Socio-Economics. 30:533-537
- Publication Year :
- 2001
- Publisher :
- Elsevier BV, 2001.
-
Abstract
- This essay presents a framework for thinking about public economic policy. The argument is that the prevailing theory of competitive markets serves a useful public purpose but creates problems when made into an ideology. The core theory and philosophy suffers from oversights and illusions. Fundamentalist thinking found in it can be dangerous for the long run well-being of humanity. These insights lead to the conclusion that the fundamental task of an economics for public policy should be to develop a theory of workable markets.
Details
- ISSN :
- 10535357
- Volume :
- 30
- Database :
- OpenAIRE
- Journal :
- The Journal of Socio-Economics
- Accession number :
- edsair.doi...........8614769577689a51c5eaa5d1ccfab826
- Full Text :
- https://doi.org/10.1016/s1053-5357(01)00129-9