Why Capitalism?

by Allan H. Meltzer

A review of the headlines of the past decade seems to show that disasters are often part of capitalist systems: the high-tech bubble, the Enron fraud, the Madoff Ponzi scheme, the great housing bubble, massive lay-offs, and a widening income gap. Disenchantment with the market economy has reached the point that many even question capitalism itself.

• Format: Hardcover
• Language: English
• ISBN: 0199859574
• ISBN13: 9780199859573
• Release Date: February 2012
• Publisher: Oxford University Press
• Length: 168 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.8" x 5.6" x 8.3"