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Fallacy of the Mixed Economy - S. C. Littlechild

(*)

S. C. Littlechild:
Fallacy of the Mixed Economy - Livres de poche

2009, ISBN: 9780255366335

An 'Austrian' Critique of Recent Economic Thinking and Policy, Buch, Softcover, 2nd Revised edition, There is a resurgence of interest in the 'Austrian School' of economics, notably the w… Plus…

An 'Austrian' Critique of Recent Economic Thinking and Policy, Buch, Softcover, 2nd Revised edition, There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neoclassical economics, the Austrian school has always emphasised the importance of incorporating differences in knowledge, beliefs and expectations into economic analysis. This approach leads to the notion of competition as a dynamic process of discovery and co-ordination, instead of a static state of general equilibrium. Market devices such as product differentiation and advertising, long condemned as uncompetitive, are evidence that the market process of discovery and coordination is working. Neoclassical welfare economics envisages an important role for government as correcting 'market failure' and hence supports the concept of a mixed economy. Austrian economics casts doubt on the ability of government to acquire the knowledge necessary to improve upon the market. The Monopolies and Mergers Commission is an inadequate safeguard for consumers, and prohibiting mergers may limit competition. A more effective protection against monopoly would be the abolition of patent laws. Marginal cost pricing and investment rules provide a naive and unenforceable framework of control for nationalised industries. Consumers could be better safeguarded by the abolition of statutory monopolies. 'External' nuisances like noise and pollution are more effectively dealt with by making producers legally liable for them, and by creating property rights to be traded on markets, than by cost-benefit analyses or 'externality taxes'. Planning agreements are likely to hamper the competitive process. There is no reason to believe the National Enterprise Board will make better decisions than the market. Austrian economics suggests that the free market will be more effective than the 'mixed economy' in discovering and meeting the wishes of consumers. [PU: Institute of Economic Affairs], Seiten: 112, Institute of Economic Affairs, 2009<

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(*) Livre non disponible signifie que le livre est actuellement pas disponible à l'une des plates-formes associées nous recherche.

Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Littlechild, Stephen C. Littlechild, S. C.

(*)

Littlechild, Stephen C. Littlechild, S. C.:
Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Livres de poche

2009, ISBN: 9780255366335

Institute of Economic Affairs, Paperback, Auflage: 2, 116 Seiten, Publiziert: 2009-03-01T00:00:01Z, Produktgruppe: Book, Verkaufsrang: 2714467, Business & Economic History, Biographies & … Plus…

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Gebraucht, wie neu. Frais d'envoiUsually dispatched within 2 to 3 days. Die angegebenen Versandkosten können von den tatsächlichen Kosten abweichen. (EUR 5.69)
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(*) Livre non disponible signifie que le livre est actuellement pas disponible à l'une des plates-formes associées nous recherche.

Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Littlechild, Stephen C. Littlechild, S. C.

(*)

Littlechild, Stephen C. Littlechild, S. C.:
Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Livres de poche

2009, ISBN: 9780255366335

Institute of Economic Affairs, Paperback, Auflage: 2, 116 Seiten, Publiziert: 2009-03-01T00:00:01Z, Produktgruppe: Book, Verkaufsrang: 2714467, Business & Economic History, Biographies & … Plus…

amazon.co.uk

Frais d'envoiDie angegebenen Versandkosten können von den tatsächlichen Kosten abweichen. (EUR 5.69)
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(*) Livre non disponible signifie que le livre est actuellement pas disponible à l'une des plates-formes associées nous recherche.

Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart) - S.C. Littlechild

(*)

S.C. Littlechild:
Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart) - nouveau livre

ISBN: 9780255366335

There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neoclassical economics, the Austrian school has always… Plus…

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Fallacy of the Mixed Economy - S. C. Littlechild

(*)

S. C. Littlechild:
Fallacy of the Mixed Economy - Livres de poche

ISBN: 9780255366335

Paperback, [PU: Institute of Economic Affairs], There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neocla… Plus…

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Fallacy of the Mixed Economy - S. C. Littlechild

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S. C. Littlechild:

Fallacy of the Mixed Economy - Livres de poche

2009, ISBN: 9780255366335

An 'Austrian' Critique of Recent Economic Thinking and Policy, Buch, Softcover, 2nd Revised edition, There is a resurgence of interest in the 'Austrian School' of economics, notably the w… Plus…

An 'Austrian' Critique of Recent Economic Thinking and Policy, Buch, Softcover, 2nd Revised edition, There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neoclassical economics, the Austrian school has always emphasised the importance of incorporating differences in knowledge, beliefs and expectations into economic analysis. This approach leads to the notion of competition as a dynamic process of discovery and co-ordination, instead of a static state of general equilibrium. Market devices such as product differentiation and advertising, long condemned as uncompetitive, are evidence that the market process of discovery and coordination is working. Neoclassical welfare economics envisages an important role for government as correcting 'market failure' and hence supports the concept of a mixed economy. Austrian economics casts doubt on the ability of government to acquire the knowledge necessary to improve upon the market. The Monopolies and Mergers Commission is an inadequate safeguard for consumers, and prohibiting mergers may limit competition. A more effective protection against monopoly would be the abolition of patent laws. Marginal cost pricing and investment rules provide a naive and unenforceable framework of control for nationalised industries. Consumers could be better safeguarded by the abolition of statutory monopolies. 'External' nuisances like noise and pollution are more effectively dealt with by making producers legally liable for them, and by creating property rights to be traded on markets, than by cost-benefit analyses or 'externality taxes'. Planning agreements are likely to hamper the competitive process. There is no reason to believe the National Enterprise Board will make better decisions than the market. Austrian economics suggests that the free market will be more effective than the 'mixed economy' in discovering and meeting the wishes of consumers. [PU: Institute of Economic Affairs], Seiten: 112, Institute of Economic Affairs, 2009<

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Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Littlechild, Stephen C. Littlechild, S. C.

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Littlechild, Stephen C. Littlechild, S. C.:

Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Livres de poche

2009, ISBN: 9780255366335

Institute of Economic Affairs, Paperback, Auflage: 2, 116 Seiten, Publiziert: 2009-03-01T00:00:01Z, Produktgruppe: Book, Verkaufsrang: 2714467, Business & Economic History, Biographies & … Plus…

Gebraucht, wie neu. Frais d'envoiUsually dispatched within 2 to 3 days. Die angegebenen Versandkosten können von den tatsächlichen Kosten abweichen. (EUR 5.69) UKPaperbackshop

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Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Littlechild, Stephen C. Littlechild, S. C.

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Littlechild, Stephen C. Littlechild, S. C.:
Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart): An 'Austrian' Critique of Recent Economic Thinking and Policy - Livres de poche

2009

ISBN: 9780255366335

Institute of Economic Affairs, Paperback, Auflage: 2, 116 Seiten, Publiziert: 2009-03-01T00:00:01Z, Produktgruppe: Book, Verkaufsrang: 2714467, Business & Economic History, Biographies & … Plus…

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Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart) - S.C. Littlechild

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S.C. Littlechild:
Fallacy of the Mixed Economy: An 'Austrian' Critique of Recent Economic Thinking & Policy : 2nd Edition (Hobart) - nouveau livre

ISBN: 9780255366335

There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neoclassical economics, the Austrian school has always… Plus…

No. 9780255366335. Frais d'envoi7, (EUR 3.48)

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Fallacy of the Mixed Economy - S. C. Littlechild

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S. C. Littlechild:
Fallacy of the Mixed Economy - Livres de poche

ISBN: 9780255366335

Paperback, [PU: Institute of Economic Affairs], There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neocla… Plus…

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Fallacy of the Mixed Economy

Auteur:	S. C. Littlechild
Titre:	Fallacy of the Mixed Economy
ISBN:	9780255366335

There is a resurgence of interest in the 'Austrian School' of economics, notably the work of Menger, Mises and Hayek. In contrast to neoclassical economics, the Austrian school has always emphasised the importance of incorporating differences in knowledge, beliefs and expectations into economic analysis.

Informations détaillées sur le livre - Fallacy of the Mixed Economy

EAN (ISBN-13): 9780255366335
ISBN (ISBN-10): 0255366337
Livre de poche
Date de parution: 2009
Editeur: Institute of Economic Affairs
Langue: eng/Englisch

Livre dans la base de données depuis 2010-09-29T10:36:47+02:00 (Zurich)
Page de détail modifiée en dernier sur 2021-12-27T14:16:59+01:00 (Zurich)
ISBN/EAN: 9780255366335

ISBN - Autres types d'écriture:
0-255-36633-7, 978-0-255-36633-5
Autres types d'écriture et termes associés:
Titre du livre: fallacies, critique, economic policy

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9780255361897 Fallacy of the Mixed Economy (Hobart Papers) (Littlechild, Stephen C.)

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