Comparative Economic Systems - Objectives, Decision Modes, and the Process of Choice (Hardcover, New)

The phrase 'economic system' refers to the organizational arrangements and processes through which a society makes its production and consumption decisions. In this book, Professor Conkin explores the diversity of economic systems and the choices societies must face in determining the economic systems best suited to their needs. He discusses the alternative objectives and alternative decision modes that are available to societies. Objectives such as efficiency, growth, liberty, and equality - though themselves desirable - frequently involve trade-offs; the more complete attainment of any one objective may involve the partial sacrifices of another. In pursuit of its objectives, each society uses a combination of decision modes. Professor Conklin examines six of these: free enterprise, price controls, subsidies, taxation, non-price regulations, and public enterprise. He ends with a discussion of the processes societies use to make their choice among objectives and decision modes.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	July 1991
First published:	1991
Authors:	David W Conklin
Dimensions:	229 x 152 x 27mm (L x W x T)
Format:	Hardcover
Pages:	428
Edition:	New
ISBN-13:	978-0-521-34439-5
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	0-521-34439-5
Barcode:	9780521344395

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