Description - Economic Theory and Reality by Tibor Scitovsky
This collection of non-technical papers attempts to bridge the gap between economic theory and economic reality. It focuses on two central themes: the necessity of market imperfections and power as conditions for the proper functioning of the market economy, and the impact of second-hand markets on the macroeconomy. This volume improves access to Professor Scitovsky's work, much of which was originally published either in foreign languages or outside the mainstream literature.
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(234mm x 156mm x mm)
Edward Elgar Publishing Ltd
Publisher: Edward Elgar Publishing Ltd
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Author Biography - Tibor Scitovsky
The late Tibor Scitovsky, formerly Emeritus Professor of Economics, Stanford University, US, Professor Emeritus, London School of Economics, UK and Professor Emeritus University of California, Santa Cruz, US
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