The Market System: What It Is, How It Works, and What to Make of It
| Author | : | |
| Rating | : | 4.75 (715 Votes) |
| Asin | : | 0300093349 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2017-03-17 |
| Language | : | English |
DESCRIPTION:
In this work a political scientist seeks to offer a jargon-free introduction to the market system, for all readers with or without a background in economics. He assesses the character, rules, advantages and shortcomings of the institution co-ordinating modern economic and social life.
J. Grattan said Interesting reflections on the market system. Professor Lindblom approaches his study of the "market system" in a rather circumspect manner but ultimately the book informs. The first part of the book is largely instructive. He defines the market system as "a system of society wide coordination of human activities not by central command but by mutual interacti. "Markets are Human-Created" according to BetterAllTheTime. Lindblom does it again.his lucid, non-technical prose is SO clear and SO logical. He really explains, in relation to human nature as opposed to in relation to political dogma, why market systems are better than command and control systems for creating a society you or I might want to live in.AND he shows why "mark. A Calm but Caring Exploration James R. Mccall "Think society, not economy." Thus Lindblom, our author, urges the reader to think about the market system in a more inclusive context than we ordinarily are wont to do. To what end?Well, the subtitle of this book is "What It Is, How It Works, and What to Make of It." As he says early on: "For at least 150 years m
Copyright 2001 Reed Business Information, Inc. (Apr.) Forecast: Admirably clear and penetrating, this book deserves to find a broad audience interested in an intellectual approach to economics. Exploring the relationship between markets and democracy, for instance, he points out that while it's true that all democratic societies have market systems, we can't conclude that markets always foster democracy, because many antidemocratic societies also have market systems. Posing bold questions such as "Is there in our time an alternative to the market system ?" Lindblom provides refreshingly few definitive answers, making his the most mild-mannered economics book published in some time, as well as one of the most cerebral. Unfortunately, since the title sounds dull, the author is little-known to gen