Principles of Economics for a Post-Meltdown World

by John Komlos

This brief emphasizes the ways in which introductory economics textbooks incorrectly rely on assumptions about the free market, the rational agent model, market fundamentalism, and standard long-standing assumptions in economics, and in doing so disregard the effects of incomplete and asymmetric information on choice and on allocation, and maintain a general but flawed belief that competitive markets can always provide efficient solutions automatically...

• Format: Paperback
• Language: English
• ISBN: 3319278274
• ISBN13: 9783319278278
• Release Date: January 2016
• Publisher: Springer
• Length: 94 Pages
• Weight: 0.36 lbs.
• Dimensions: 0.2" x 6.1" x 9.2"