Towards a Well-functioning Economy

Name: Towards a Well-functioning Economy
Brand: Edward Elgar Publishing Ltd
SKU: 9781858988924
Price: 833.3 RON
Availability: InStock

The Evolution of Economic Systems and Decision-making

Autor: Louis Haddad

Limbă:

Legare: Copertă tare

Editura: Edward Elgar Publishing Ltd

Disponibilitate: În depozitul extern

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833.30 lei

This volume examines the economy as an evolving entity and develops a new and coherent approach to t...

Informații despre carte

Autor

Louis Haddad

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2002

Pagini

304

EAN

9781858988924

Enbook ID

05118820

Editura

Edward Elgar Publishing Ltd

Greutate

594

Dimensiuni

156 x 234 x 21

Descriere completă

This volume examines the economy as an evolving entity and develops a new and coherent approach to the classification of economic systems. It demonstrates how the components of a decision making system and the properties of a functioning economy are intrinsically linked. A well-functioning economy is shown to depend chiefly on "correct" decisions. These in turn depend on an efficient decision-making system, an appropriate mix of markets, organizations and governments, and an optimal combination of the four enforcing mechanisms of a modern economic system: custom, command, competition and cooperation. Although this book is primarily about economics, non-economic considerations, including political and ethical, are brought into the analysis. The most important decisions in life include choices between economic and non-economic issues. Hence, one of the aims of this book is to provide a conceptual framework to cope with these choices.

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Towards a Well-functioning Economy

The Evolution of Economic Systems and Decision-making

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