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The truth about markets : their genius, their limits, their follies / John Kay.

By: Material type: TextTextPublisher: London : Allen Lane, 2003Description: ix, 478 pages : illustrations, maps ; 25 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 0713994894
  • 9780713994896
Subject(s): DDC classification:
  • 330.122 21
Contents:
Pt. 1. The Issues -- 1. Welcome to the World of Bloomberg Television -- 2. People -- 3. Figures -- 4. How Rich States Became Rich -- 5. Transactions and Rules -- Pt. 2. The Structure of Economic Systems -- 6. Production and Exchange -- 7. Assignment -- 8. Central Planning -- 9. Pluralism -- 10. Spontaneous Order -- Pt. 3. Perfectly Competitive Markets -- 11. Competitive Markets -- 12. Markets in Risk -- 13. Markets in Money -- 14. General Equilibrium -- 15. Efficiency -- Pt. 4. The Truth About Markets -- 16. Neoclassical Economics and After -- 17. Rationality and Adaptation -- 18. Information -- 19. Risk in Reality -- 20. Co-operation -- 21. Co-ordination -- 22. The Knowledge Economy -- Pt. 5. How It All Works Out -- 23. Poor States Stay Poor -- 24. Who Gets What? -- 25. Places -- Pt. 6. Political Economy -- 26. The American Business Model -- 27. Beyond the American Business Model -- 28. The Embedded Market -- 29. The Framework of Economic Policy -- 30. A Primer in Economic Policy -- App. Nobel Prizes in Economics.
Review: "The Truth about Markets examines the big questions of economics - why some countries and peoples are rich, and others poor; why businesses succeed and fail; the scope of markets and their limits. Witty yet profound, immersed in the most recent economic thinking yet completely accessible, it is both a tract for our times and a text for a new political economy."--BOOK JACKET.
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Includes bibliographical references and index.

Pt. 1. The Issues -- 1. Welcome to the World of Bloomberg Television -- 2. People -- 3. Figures -- 4. How Rich States Became Rich -- 5. Transactions and Rules -- Pt. 2. The Structure of Economic Systems -- 6. Production and Exchange -- 7. Assignment -- 8. Central Planning -- 9. Pluralism -- 10. Spontaneous Order -- Pt. 3. Perfectly Competitive Markets -- 11. Competitive Markets -- 12. Markets in Risk -- 13. Markets in Money -- 14. General Equilibrium -- 15. Efficiency -- Pt. 4. The Truth About Markets -- 16. Neoclassical Economics and After -- 17. Rationality and Adaptation -- 18. Information -- 19. Risk in Reality -- 20. Co-operation -- 21. Co-ordination -- 22. The Knowledge Economy -- Pt. 5. How It All Works Out -- 23. Poor States Stay Poor -- 24. Who Gets What? -- 25. Places -- Pt. 6. Political Economy -- 26. The American Business Model -- 27. Beyond the American Business Model -- 28. The Embedded Market -- 29. The Framework of Economic Policy -- 30. A Primer in Economic Policy -- App. Nobel Prizes in Economics.

"The Truth about Markets examines the big questions of economics - why some countries and peoples are rich, and others poor; why businesses succeed and fail; the scope of markets and their limits. Witty yet profound, immersed in the most recent economic thinking yet completely accessible, it is both a tract for our times and a text for a new political economy."--BOOK JACKET.

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