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Market Failure in Context
Contributor(s): Marciano, Alain (Editor), Medema, Steven G. (Editor)
ISBN: 0822368331     ISBN-13: 9780822368335
Publisher: Duke University Press
OUR PRICE:   $53.96  
Product Type: Hardcover
Published: January 2016
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
Series: History of Political Economy Annual Supplement
Physical Information: 1" H x 6.3" W x 9.2" (1.30 lbs) 280 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

This volume explores the social, political, and intellectual contexts in which twentieth-century notions of market failure were developed. Markets can fail to perform in ways that best promote the larger interests of society: this idea is as old as economics itself and is one of the most crucial issues with which economic thinkers have had to grapple. However, while the history of the theory of market failure has received some critical examination, little attention has been paid to the larger contexts in which these theoretical analyses emerged. Contributors to this volume directly examine these contexts to gain a greater understanding of and appreciation for the influence of external ideas and events on the development of economic theories and to stimulate additional scholarship around this important facet of the history of economics.

Contributors. Nahid Aslanbeigui, Roger E. Backhouse, Bradley W. Bateman, Sebastian Berger, David Colander, J. Daniel Hammond, Marianne Johnson, Thomas C. Leonard, Alain Marciano, Steven G. Medema, Guy Oakes, Malcolm Rutherford, John D. Singleton