The Market System: What It Is, How It Works, and What To Make of It

Lindblom, Charles E.

ISBN 10: 0300087527 / ISBN 13: 9780300087529

Published by Yale University Press, 2001

About this Item

Hardcover and dust jacket. Good binding and cover. Light wear. Clean, unmarked pages. Big choices are yet to be made about the future of the market system, observes Lindblom. He outlines what these choices are and how they will affect not only our economic well-being but also our social and political lives. For market systems organize or coordinate more than just the flow of commodities, he shows. They influence human behavior in all its dimensions.

Seller Inventory # 2310020044

Bibliographic Details

• Title: The Market System: What It Is, How It Works, and What To Make of It
• Publisher: Yale University Press
• Publication Date: 2001
• Language: English
• ISBN 10: 0300087527
• ISBN 13: 9780300087529
• Binding: Hardcover
• Edition: First Edition.
• Condition: As New
• Seller catalogs:
  • Business and Economics

About this title

Synopsis

In the wake of the collapse of communism, we hear much about the victory of the 'market system'. Just what is the market system? This clear and accessible book begins by answering this question, then goes on to explain how the market system works and what it can and cannot do. Charles E. Lindblom, writing in nontechnical language for a wide general audience, offers an evenhanded view of the market system. His analysis of the great questions that surround the market system is sometimes unexpected, always illuminating: Is the market system efficient? Is it democratic? Does it despoil the environment? Does it perpetuate inequalities? Does it debase personality and culture? Big choices are yet to be made about the future of the market system, observes Lindblom. He outlines what these choices are and how they will affect not only our economic well-being but also our social and political lives. For market systems organise or coordinate more than just the flow of commodities, he shows. They influence human behaviour in all its dimensions.

About the Author

Charles E. Lindblom is Sterling Professor Emeritus of Economics and Political Science at Yale University. His prize-winning books include Inquiry and Change: The Troubled Atlempt to Understand and Shape Society (0 300 05667 2, pb. ?13.95), and Politics and Markets: The World's Political-Economic Systems.