Publications of the Egon-Sohmen-Foundation

Merits and Limits of Markets

Editors: Giersch, Herbert (Ed.)

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Softcover $159.00
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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 Egon­ Sohmen-Symposium (in Budapest in 1996) published under the head­ 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 charac­ terized by global openness, uncertainty, decentralized risk-bearing, and the increasing importance of information and innovation.

Table of contents (11 chapters)

  • Self-Interest, Communalism, Welfarism

    Madison, Gary B.

    Pages 3-27

  • Communitarian Approaches to the Economy

    Anderson, David M.

    Pages 29-52

  • Rational Choice and Human Agency in Economics and Sociology: Exploring the Weber-Austrian Connection

    Boettke, Peter J.

    Pages 53-81

  • The Role and Evolution of Beliefs, Habits, Moral Norms, and Institutions

    Voigt, Stefan (et al.)

    Pages 83-108

  • Privatization of Legal and Administrative Services

    Benson, Bruce L.

    Pages 111-139

Buy this book

eBook $119.00
price for USA in USD (gross)
  • ISBN 978-3-642-72210-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $159.00
price for USA in USD
  • ISBN 978-3-642-72212-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Merits and Limits of Markets
Editors
  • Herbert Giersch
Series Title
Publications of the Egon-Sohmen-Foundation
Copyright
1998
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin · Heidelberg
eBook ISBN
978-3-642-72210-3
DOI
10.1007/978-3-642-72210-3
Softcover ISBN
978-3-642-72212-7
Edition Number
1
Number of Pages
X, 279
Topics