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Freedom and Stability in the World Economy (Paperback)
Loot Price: R1,154
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Freedom and Stability in the World Economy (Paperback)
Series: Routledge Library Editions: Modern World Economy
Expected to ship within 12 - 17 working days
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Originally published in 1976. This collection of essays addresses
the question of whether a free market economy, suitably modified as
a social market economy according to the aspirations and
requirements of individual societies, could be effectively
recreated. In the face of the trends of the time towards
collectivism, private ownership under state control, this was a
main issue of the world economy in the post-Keynesian time.
Previously it was held that some form of intervention by either
national or supranational governments was an essential precondition
for progress and stability world-wide, but this collection of
essays suggests that this very interventionism created a level of
instability that required a new set of ground rules. It considers
how to plan for free market systems in a rigorous manner and
assesses the real world problems of the day.
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