Logo

Efficiency and Externalities in an Open-Ended Universe

Large book cover: Efficiency and Externalities in an Open-Ended Universe

Efficiency and Externalities in an Open-Ended Universe
by

Publisher: Ludwig von Mises Institute
ISBN/ASIN: B001C36LPM
Number of pages: 160

Description:
The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process.

Home page url

Download or read it online for free here:
Download link
(11MB, PDF)

Similar books

Book cover: Mathematical Analysis for EconomistsMathematical Analysis for Economists
by - Macmillan And Company
The mathematical methods described are used in the elucidation of problems of economic theory. Illustrative examples are added and it is hoped that the reader will become familiar with the mathematical tools and applications to concrete problems.
(1210 views)
Book cover: Profit and LossProfit and Loss
by - Von Mises Institute
In this outstanding paper the author explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals.
(10605 views)
Book cover: Farewell to the Self-Employed: Deconstructing a Socioeconomic and Legal SolipsismFarewell to the Self-Employed: Deconstructing a Socioeconomic and Legal Solipsism
by - Greenwood Press
This work offers a theoretical foundation for discussing the self-employed, their role over time, and the formulation of policy towards them. It is a comprehensive analysis of self-employment to integrate legal, sociological, and economic theory.
(4557 views)
Book cover: The Origin and the Evolution of Firms: Information as a Driving ForceThe Origin and the Evolution of Firms: Information as a Driving Force
by - IOS Press
This book develops a consistent theory of evolution in its wider sense. The author of the book traces a continuous line of evolving information sets that connect the Big-Bang to the firms and markets of our current socio-economic system.
(751 views)