Market against State. About relative strength and values


Mémoire d'Examen Intermédiaire, 2013

8 Pages, Note: 94/100


Résumé ou Introduction

In this review, I discuss the texts of Rothschild (2001), Stiglitz (2002), Judt (2010) and Bakker/Miller (1996) which deal with economic thinking in the broadest sense, and the role of market and state in particular. This review starts with the question what the intention of the different theoretical paradigms in economic thinking is. The three schools of economy, i.e. the neoclassical, Keynesian and political economy, follow diverse paradigms in order to explain the conditions under which markets work well and under which they do not. On the one hand, the three paradigms agree that the governments have a role in creating a framework for the economy. On the other hand, they disagree on the precise role of the state and the values that shape our opinion (see Stiglitz 2002: 219).

Résumé des informations

Titre
Market against State. About relative strength and values
Université
Donau-Universität Krems  (Economics and Business Management)
Cours
Social Innovation
Note
94/100
Auteur
Année
2013
Pages
8
N° de catalogue
V268844
ISBN (ebook)
9783656598343
ISBN (Livre)
9783656598312
Taille d'un fichier
364 KB
Langue
anglais
Mots clés
market, state, about
Citation du texte
Master of Art Michael Gabathuler (Auteur), 2013, Market against State. About relative strength and values, Munich, GRIN Verlag, https://www.grin.com/document/268844

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