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Perspectives on an Economic Future - Forms, Reforms, and Evaluations (Hardcover, New)
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Perspectives on an Economic Future - Forms, Reforms, and Evaluations (Hardcover, New)
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The decade of the 1990s has opened on a note of major change, with
events in the Soviet Union, Eastern Europe, and South Africa moving
at an astonishing pace, both on the political and economic fronts.
These changes have brought into focus vital issues of political
economy, a subject that this collection of essays carefully
examines. Written for readers with or without a background in
economics, the essays provide a perspective on economic systems,
the underlying issues involved in creating an economic
constitution, and the choices a society makes in designing an
economy. Economists from Australia, Canada, France, the
Netherlands, and the United States offer a stimulating variety of
ideological and methodological perspectives. The collection begins
with an introduction that reviews basic concepts of economic
systems, including goals, the role of government, and efficiency
and equity. The three essays that comprise Part I discuss basic
issues in economic systems, and address the question of efficiency
and equity in a free market from various ideological perspectives.
Part II provides three proposals for reforming economic systems,
including discussions of planning in a decentralized society and a
highly interventionist economic and social system. The work
concludes with three essays that draw historical and international
comparisons between economic systems, and contrast the economic
policies and performances of several Western countries and Japan.
Although the contributors are professional economists, and include
a Nobel Prize winner and the former president of the American
Economic Association, their essays are written in a nontechnical
language that will allow readers without an economic background to
follow their arguments. This unique collection of essays will be a
valuable supplement to courses in current economic problems,
comparative economic systems, and development economics, as well as
a useful resource for both public and academic libraries.
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