Merits and Limits of Markets (Paperback, Softcover reprint of the original 1st ed. 1998)

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."

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Series:	Publications of the Egon-Sohmen-Foundation
Release date:	2012
First published:	1998
Editors:	Herbert Giersch
Dimensions:	235 x 155 x 15mm (L x W x T)
Format:	Paperback
Pages:	279
Edition:	Softcover reprint of the original 1st ed. 1998
ISBN-13:	978-3-642-72212-7
Categories:	Books > Humanities > Philosophy > General Books > Business & Economics > Economics > International economics > General Books > Philosophy > General Promotions
LSN:	3-642-72212-1
Barcode:	9783642722127

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