Kay, J. A.

The truth about markets : their genius, their limits, their follies / John Kay. - ix, 478 pages : illustrations, maps ; 25 cm

Includes bibliographical references and index.

The Issues -- Welcome to the World of Bloomberg Television -- People -- Figures -- How Rich States Became Rich -- Transactions and Rules -- The Structure of Economic Systems -- 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 -- The Embedded Market -- The Framework of Economic Policy -- A Primer in Economic Policy -- Nobel Prizes in Economics. Pt. 1. 1. 2. 3. 4. 5. Pt. 2. 6. 7. 8. 9. 10. Pt. 3. 11. 12. 13. 14. 15. Pt. 4. 16. 17. 18. 19. 20. 21. 22. Pt. 5. 23. 24. 25. Pt. 6. 26. 27. 28. 29. 30. App.

"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.

0713994894 9780713994896


Free enterprise
Capitalism.
Business cycles
Economic policy

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