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The Truth About Markets John Kay

The Truth About Markets von John Kay

The Truth About Markets John Kay

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Zusammenfassung

This accessible work explains the big questions of contemporary economics: how do markets work? Why do they work? Why are they better than alternative systems of organizing economics? And why, sometimes, do they fail catastrophically?

The Truth About Markets Zusammenfassung

The Truth About Markets: Their Genius, Their Limits, Their Follies John Kay

We live, now more than ever before, in a world made of markets. How do they work? Why do they work? Why are they better than alternative systems of organizing economics? And why, sometimes, do they fail so catastrophically? This accessible book explains the big questions of contemporary economics. John Kay uses storytelling to show that markets cannot be detached from the societies in which they are based.

Über John Kay

John Kay is one of Britain's leading economists. He was the first (controversial) head of the Oxford Said Business School, and for many years headed Europe's largest private firm providing economic advice to companies and governments. The ECONOMIST says Kay is well on the way to turning himself into the European Michael Porter. He has also been described as the best management theorist in Britain. He has a regular column in the FINANCIAL TIMES.

Inhaltsverzeichnis

The issues: welcome to the world of Bloomberg television; people; figures; how rich states became rich. The structure of economic system: production and exchange; assignment; central planning; pluralism; spontaneous order. Perfectly competitive markets: competitive markets; markets in risk; markets in money; general equilibrium; efficiency. The truth about markets: neoclassical economics and after; rationality and adaptation; information; risk in reality; co-operation; co-ordination; the knowledge economy. How it all works out: poor states stay poor; who gets what?; places. Political economy: the American business model; beyond the American business model; teh embedded market; the framework of economic policy; a primer in economic policy.

Zusätzliche Informationen

GOR001477425
9780713994896
0713994894
The Truth About Markets: Their Genius, Their Limits, Their Follies John Kay
John Kay
Gebraucht - Sehr Gut
Gebundene Ausgabe
Penguin Books Ltd
20030501
496
N/A
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