Read Market Failure or Success: The New Debate by Tyler Cowen Free Online
Book Title: Market Failure or Success: The New Debate|
The author of the book: Tyler Cowen
Format files: PDF
The size of the: 1.72 MB
Edition: Edward Elgar Publishing
Date of issue: February 1st 2003
ISBN 13: 9781843760252
Read full description of the books Market Failure or Success: The New Debate:Despite the importance and political influence of the new theories, no systematic critical examination has been available - until now. Market Failure or Success: The New Debate brings together the key studies on the subject, including classic papers by Paul David and Nobel Laureates, Joseph Stiglitz and George Akerlof, along with powerful theoretical and empirical rebuttals. The rebuttals challenge the assumptions of the new models and question the usual policy conclusions. Examination of real markets and careful experimental studies fail to verify the new theories and suggest instead that markets are more robust than previously imagined. The failure to verify the new theories suggests promising new frontiers for research. Market Failure or Success is required reading for all who seek to better understand one of the most exciting debates in economics today.
Read information about the authorTyler Cowen (born January 21, 1962) occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. He currently writes the "Economic Scene" column for the New York Times and writes for such magazines as The New Republic and The Wilson Quarterly.
Cowen's primary research interest is the economics of culture. He has written books on fame (What Price Fame?), art (In Praise of Commercial Culture), and cultural trade (Creative Destruction: How Globalization is Changing the World's Cultures). In Markets and Cultural Voices, he relays how globalization is changing the world of three Mexican amate painters. Cowen argues that free markets change culture for the better, allowing them to evolve into something more people want. Other books include Public Goods and Market Failures, The Theory of Market Failure, Explorations in the New Monetary Economics, Risk and Business Cycles, Economic Welfare, and New Theories of Market Failure.
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