Merits and Limits of Markets
Produktnummer:
18f278abb6f1a24d2d877831cf2fdca443
Themengebiete: | Education Frontiers of Markets in Legal Services Global economy Individualism in a Social Context Normative Issues of Global Trade international trade issue philosophy |
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Veröffentlichungsdatum: | 28.01.2012 |
EAN: | 9783642722127 |
Sprache: | Englisch |
Seitenzahl: | 279 |
Produktart: | Kartoniert / Broschiert |
Herausgeber: | Giersch, Herbert |
Verlag: | Springer Berlin |
Produktinformationen "Merits and Limits of Markets"
The 1997 Symposium of the Egon-Sohmen-Foundation, which gave rise to this book, took place in the United States, on the East Coast between New Y C)rk and New Haven, more precisely in Stamford (Conn.). The original choice had been a place close to Yale University, where Egon Sohmen taught economics from 1958 to 1960, subsequent to his period at MIT. But the hotel in New Haven was closed down by a new owner-to pass through a process of creative destruction. Change of ownership-on a large scale and as a transition from public to private hands-had been the topic of the preceding Egon Sohmen-Symposium (in Budapest in 1996) published under the head ing: Privatization at the End of the Century (Springer-Verlag, 1997). Yet mere change of ownership, some of us at the Foundation felt in subsequent months, was too narrow a focus to properly deal with the movement under consideration: a transition of ownership together with a general move towards a competitive market system charac terized by global openness, uncertainty, decentralized risk-bearing, and the increasing importance of information and innovation.

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