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Cambridge University Press Comparative Economic Systems: Objectives, Decision Modes, and the Process of Choice

Name: Comparative Economic Systems: Objectives, Decision Modes, and the Process of Choice
Brand: Cambridge University Press
Price: 31.2 GBP
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Business & Economic History

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Description

The phrase 'economic system' refers to the organizational arrangements and processes through which a society makes its production and consumption decisions. In this book, Professor Conkin explores the diversity of economic systems and the choices societies must face in determining the economic systems best suited to their needs. He discusses the alternative objectives and alternative decision modes that are available to societies. Objectives such as efficiency, growth, liberty, and equality - though themselves desirable - frequently involve trade-offs; the more complete attainment of any one objective may involve the partial sacrifices of another. In pursuit of its objectives, each society uses a combination of decision modes. Professor Conklin examines six of these: free enterprise, price controls, subsidies, taxation, non-price regulations, and public enterprise. He ends with a discussion of the processes societies use to make their choice among objectives and decision modes. Book Description This book explores diverse economic systems and the choices societies must face in determining which economic systems best suit their needs.

Product Specifications

Brand: Cambridge University Press
Format: paperback
ASIN: 0521348897
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 26 September 1991
Listed Since: 27 December 2006

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Cambridge University Press Comparative Economic Systems: Objectives, Decision Modes, and the Process of Choice

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