Merits and Limits of Markets
In: Publications of the Egon-Sohmen-Foundation
The state is in retreat; markets and private ownership gain ground. But where is the borderline? The authors in this volume, mainly economists but not only, explore it. Part I deals with questions of social philosophy from various standpoints - libertarian, communitarist, economic-sociological and institutional. Part II deals with the frontiers of markets in such areas as legal services, health services, education and the arts. Part III tackles normative issues of global trade such as competition policy, trade in "bads" and social standards. The volume contains contributions by David M. Anderson, Bruce L. Benson, Peter J. Boettke, Anne O. Krueger and Chonira E. Aturupane, Deepak Lal, Gary B. Madison, Dennis C. Mueller, Mark V. Pauly, Alan Peacock, Stefan Voigt and Daniel Kiwit, Edwin G.West