Markets Not Stakes by Patrick Minford

Markets Not Stakes by Patrick Minford

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Summary

Examines the economic results of the Thatcher and Major years, compares them with the rest of Europe, and concludes that the best option for Britain, or any other economy, is free market policies. Minford also examines the nature of a free market economy to see what benefits it gives its citizens, and assesses the prospects for UK business.

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Markets Not Stakes by Patrick Minford

This text examines the economic results of the Thatcher and Major years, compares them with the rest of Europe, and concludes that the best option for Britain or any other economy is free-market policies. The nature of a free-market economy in a broad sense is also examined to see what benefits over long time-periods it gives to its citizens: ability to accumulate wealth and skills over generations; freedom; mobility across income groups and place; and financial and other voluntary mechanisms for insurance. The author argues that, when people gain a true understanding of the general benefits, most are unlikely to want them prejudiced by intervention and redistribution. Finally, the book assesses the competitive prospects of UK business, at a time when former second and third world countries that have embraced market economics are now emerging rapidly and competing aggressively against the likes of the UK.
SKU Unavailable
ISBN 13 9780752811727
ISBN 10 075281172X
Title Markets Not Stakes
Author Patrick Minford
Condition Unavailable
Binding Type Hardback
Publisher Orion Publishing Co
Year published 1998-08-24
Number of pages 256
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.