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Dynamic Markets and Conventional Ignorance

Name: Dynamic Markets and Conventional Ignorance
Brand: Palgrave Macmillan
SKU: 04771512
Price: 59.91 EUR
Availability: InStock
Author: A. Coskun Samli
ISBN: 9781137372550

A. Coskun Samli

Language

English

Book Hardback

Libristo code: 04771512

Publishers Palgrave Macmillan, January 2014

A market economy is the only mechanism that can create jobs, distribute wealth, spur economic growth... Full description

Libristo code: 04771512

146 b

59.91 €

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A market economy is the only mechanism that can create jobs, distribute wealth, spur economic growth, and stabilize the economy for all. However, the current American market economy is not working - it is helping the "1%" instead of distributing wealth and yet simultaneously convincing the "99%" that this market is the only way to create jobs. The current unchecked system allows those wealthy few to "steal the American dream," as Hedrick Smith claimed. In order for the United States to grow the economy, the current system must first be modified to level the playing field, and then must be used to develop the market system's originally intended purpose: improving the quality of life for all. In this follow up to From a Market Economy to a Finance Economy, Samli reflects on his more than half a century of economic experience and research, maintaining that financiers, the government, and many decision makers in both politics and the economy, do not really support the "free market." He puts forth key ideas for using the market mechanism correctly to benefit all Americans.