000			02351cam a2200337 i 4500
008			160620t2017 enka b 001 0 eng
020			_a9780198784289
020			_a0198784287
040			_aERASA _cERASA
050	0	0	_aHD87 _b.G7313 2017
082	0	4	_a338.9 _bGRA
100	1		_aGrauwe, Paul de,
245	1	4	_aThe limits of the market : _bthe pendulum between government and market /
250			_a1st ed.
260			_aOxford :, _bOxford University Press; _cc2017
300			_axv, 165 pages :
500			_aTranslated by Anna Asbury
504			_aIncludes bibliographical references (pages 157-158) and index.
520	8		_a"The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show?"--Dust jacket.
590			_anmn, 10/01/2019, ijb, 28/01/2019
591			_aLoans
650		0	_aEconomic policy
650		0	_aCapitalism - goovernment policy
650		0	_aFree enterprise
650		0	_aCapitalism
650		0	_aCommercial policy
650		0	_aEconomic stabilization
700	1		_aAsbury, Anna,
942			_2ddc _cBOOK
949			_a338.9 GRA
999			_c11162 _d11162