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Merits and Limits of Markets

  • Conference proceedings
  • © 1998

Overview

Part of the book series: Publications of the Egon-Sohmen-Foundation (EGON-SOHMEN)

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Table of contents (11 papers)

  1. Individualism in a Social Context

  2. Normative Issues of Global Trade

Keywords

About this book

The 1997 Symposium of the Egon-Sohmen-Foundation, which gave rise to this book, took place in the United States, on the East Coast between New Y C)rk and New Haven, more precisely in Stamford (Conn.). The original choice had been a place close to Yale University, where Egon Sohmen taught economics from 1958 to 1960, subsequent to his period at MIT. But the hotel in New Haven was closed down by a new owner-to pass through a process of creative destruction. Change of ownership-on a large scale and as a transition from public to private hands-had been the topic of the preceding Egonยญ Sohmen-Symposium (in Budapest in 1996) published under the headยญ ing: Privatization at the End of the Century (Springer-Verlag, 1997). Yet mere change of ownership, some of us at the Foundation felt in subsequent months, was too narrow a focus to properly deal with the movement under consideration: a transition of ownership together with a general move towards a competitive market system characยญ terized by global openness, uncertainty, decentralized risk-bearing, and the increasing importance of information and innovation.

Editors and Affiliations

  • Kiel Institute of World Economics, Kiel, Germany

    Herbert Giersch

Bibliographic Information

  • Book Title: Merits and Limits of Markets

  • Editors: Herbert Giersch

  • Series Title: Publications of the Egon-Sohmen-Foundation

  • DOI: https://doi.org/10.1007/978-3-642-72210-3

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin ยท Heidelberg 1998

  • Softcover ISBN: 978-3-642-72212-7Published: 28 January 2012

  • eBook ISBN: 978-3-642-72210-3Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: X, 279

  • Topics: International Economics, Philosophy, general

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