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How Markets Work and Fail, and What to Make of Them
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Bibliographic Detail
Publisher Edward Elgar Pub
Publication date October 28, 2015
Pages 178
Binding Paperback
Edition Reprint
Book category Adult Non-Fiction
ISBN-13 9781783477579
ISBN-10 1783477571
Dimensions 0.50 by 6 by 9.25 in.
Weight 0.66 lbs.
Original list price $39.95
Summaries and Reviews
Amazon.com description: Product Description: 'This book provides a scathing antidote to the standard propositions made by economists about how wonderful market organization is. At the same time the criticism is balanced and recognizes well the advantages of market organization for certain kinds of goods and services. Bart Nooteboom is one of the broadest, and sharpest, social scientists writing today, and this book is vintage Nooteboom.'
- Richard R. Nelson, Columbia University, US

Creative DestructionInitially, the inadequacy of economic science in the wake of recent financial and economic crises is outlined. Few economists predicted the crises and subsequent economic thought has been nebulous, failing to apprize guidance, understanding and prevention for the future. Established practices in finance and business continue regardless, and confusion has bred among policy makers, the public, and even economists on what markets actually are. Bart Nooteboom employs an Aristotelian virtue ethic, with a view to multiple dimensions of 'the good life', upturning the utilitarian ethic that dominates economic science and modern politics. The critique makes a corrective-turn, transforming economic thought into an integrative, ethical and interdisciplinary behavioural science of markets.

Nooteboom's interdisciplinary approach makes this book an appealing read to economists, sociologists and political scientists with an interest in market processes. People concerned about how markets are developing and policy makers will welcome this topical work to gain fresh insights into collaborative and ethical market policy. This timely book will vitalize debate about markets, what they do and how they may work better.

Editions
Hardcover
Book cover for 9781783477555
 
from Edward Elgar Pub (December 31, 2014)
9781783477555 | details & prices | 178 pages | 6.25 × 9.25 × 0.75 in. | 0.95 lbs | List price $110.00
About: 'This book provides a scathing antidote to the standard propositions made by economists about how wonderful market organization is.
Paperback
Book cover for 9781783477579
 
The price comparison is for this edition
Reprint edition from Edward Elgar Pub (October 28, 2015)
9781783477579 | details & prices | 178 pages | 6.00 × 9.25 × 0.50 in. | 0.66 lbs | List price $39.95
About: 'This book provides a scathing antidote to the standard propositions made by economists about how wonderful market organization is.

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