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Cover: 9783319408071 | Suspicions of Markets | Donald Rutherford | Buch | vi | Englisch
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Suspicions of Markets
Critical Attacks from Aristotle to the Twenty-First Century
Buch von Donald Rutherford
Sprache: Englisch

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Beschreibung
In this work, Rutherford reviews why Adam Smith, Hayek, Mises and others praised economic markets, with a view to understanding, in contrast, historical attacks on markets dating as far back as Aristotle. The market has long been criticized as an inappropriate method of allocation, encouraging market participants to misbehave for the sake of personal gain, and creating an impersonal new market culture. This book traces how such attacks have become more vociferous in recent centuries, especially with the rise of socialism. Most recently the critique has broadened to include toxic markets and the excessive marketization of activities hitherto external to the market. Analysing these major criticisms, as well as the value of regulation, utopias and virtue ethics as a means of avoiding future suspicions of markets, the author lays the groundwork for the reader¿s own assessment of the arguments, and concludes by posing suggestions of how best we might cope with flawed markets in the future.
In this work, Rutherford reviews why Adam Smith, Hayek, Mises and others praised economic markets, with a view to understanding, in contrast, historical attacks on markets dating as far back as Aristotle. The market has long been criticized as an inappropriate method of allocation, encouraging market participants to misbehave for the sake of personal gain, and creating an impersonal new market culture. This book traces how such attacks have become more vociferous in recent centuries, especially with the rise of socialism. Most recently the critique has broadened to include toxic markets and the excessive marketization of activities hitherto external to the market. Analysing these major criticisms, as well as the value of regulation, utopias and virtue ethics as a means of avoiding future suspicions of markets, the author lays the groundwork for the reader¿s own assessment of the arguments, and concludes by posing suggestions of how best we might cope with flawed markets in the future.
Über den Autor

Donald Rutherford is Lecturer in Economics at the University of Edinburgh, UK, having previously worked as an investment analyst and financial journalist in the City of London. He has taught a range of courses over the years, including labour economics, the trade cycle, economic policy and comparative economic systems. Rutherford has drawn on this breadth of expertise to write a dictionary of economics, first published in 1992. He currently specialises in the history of economic thought.

Zusammenfassung

Puts the debate on market criticism into a context of the history of economic thought

Analyses some of the earliest debates such as Plato and Aristotle

Proposes four ways to cope with flawed markets

Inhaltsverzeichnis

Chapter 1: Introduction.- Chapter 2: The case for markets.- Chapter 3: The start of the criticism: Aristotle.- Chapter 4: After the Greeks.- Chapter 5: Nineteenth century critics of the market.- Chapter 6: Later critics-. Chapter 7: An analysis of the principal criticisms.- Chapter 8: How to cope with flawed markets.

Details
Erscheinungsjahr: 2016
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: vi
194 S.
ISBN-13: 9783319408071
ISBN-10: 3319408070
Sprache: Englisch
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Rutherford, Donald
Auflage: 1st ed. 2016
Hersteller: Springer Nature Switzerland
Springer International Publishing
Springer International Publishing AG
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 216 x 153 x 16 mm
Von/Mit: Donald Rutherford
Erscheinungsdatum: 19.10.2016
Gewicht: 0,378 kg
Artikel-ID: 107636844
Über den Autor

Donald Rutherford is Lecturer in Economics at the University of Edinburgh, UK, having previously worked as an investment analyst and financial journalist in the City of London. He has taught a range of courses over the years, including labour economics, the trade cycle, economic policy and comparative economic systems. Rutherford has drawn on this breadth of expertise to write a dictionary of economics, first published in 1992. He currently specialises in the history of economic thought.

Zusammenfassung

Puts the debate on market criticism into a context of the history of economic thought

Analyses some of the earliest debates such as Plato and Aristotle

Proposes four ways to cope with flawed markets

Inhaltsverzeichnis

Chapter 1: Introduction.- Chapter 2: The case for markets.- Chapter 3: The start of the criticism: Aristotle.- Chapter 4: After the Greeks.- Chapter 5: Nineteenth century critics of the market.- Chapter 6: Later critics-. Chapter 7: An analysis of the principal criticisms.- Chapter 8: How to cope with flawed markets.

Details
Erscheinungsjahr: 2016
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: vi
194 S.
ISBN-13: 9783319408071
ISBN-10: 3319408070
Sprache: Englisch
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Rutherford, Donald
Auflage: 1st ed. 2016
Hersteller: Springer Nature Switzerland
Springer International Publishing
Springer International Publishing AG
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 216 x 153 x 16 mm
Von/Mit: Donald Rutherford
Erscheinungsdatum: 19.10.2016
Gewicht: 0,378 kg
Artikel-ID: 107636844
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