The Market Revolution and its Limits

Download or read book The Market Revolution and its Limits written by Alan Shipman and published by Routledge. This book was released on 2002-01-22 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Market Revolution and its limits summarises why many economists believe that markets are best. It explores how even 'market failures' can be given market solutions, and asks why market ideas seem to have taken such a firm hold. Non-polemical in its approach, this book provides a comprehensive appraisal of the market and its alternatives, backed up with empirical international illustrations. Shipman concludes that the 'revolution' lies in redefining the market process rather than the market outcome.