Description: Monitoring the State or the Market : From Laissez Faire to Market Fundamentalism, Hardcover by Tanzi, Vito, ISBN 1009434446, ISBN-13 9781009434447, Like New Used, Free shipping in the US Many economists argue that economic analysis should avoid the distributional consequences of policies. In democratic countries, however, the political power of individuals inevitably reflects their wealth and income. You cannot have a democracy when income and wealth distributions are greatly uneven. Monitoring the State or the Market explains that absolute income equality is not consistent with a market economy, yet neither is large inequality. This study provides a broad survey of major social and economic developments over the past two centuries, beginning with the Industrial Revolution and laissez faire and ending with neoliberalism and market fundamentalism. It explains how each of these periods initially brought moderation and accompanying benefits, showing that some countries, such as those in Scandinavia, have demonstrated that it is possible to have low Gini coefficients (low inequality), while preserving economic freedom and prosperity.
Price: 102.66 USD
Location: Jessup, Maryland
End Time: 2024-12-06T03:33:04.000Z
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
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Book Title: Monitoring the State or the Market : from Laissez Faire to Market Fundamentalism
Number of Pages: 200 Pages
Language: English
Publisher: Cambridge University Press
Publication Year: 2024
Item Height: 0.7 in
Topic: Development / Economic Development, Economics / General
Illustrator: Yes
Genre: Business & Economics
Item Length: 9.3 in
Author: Vito Tanzi
Item Width: 6.1 in
Format: Hardcover
