Creative Crisis in Democracy and Economy

  • George C. Bitros
  • Anastasios D. Karayiannis
Book

Table of contents

  1. Front Matter
    Pages i-x
  2. George C. Bitros, Anastasios D. Karayiannis
    Pages 1-21
  3. George C. Bitros, Anastasios D. Karayiannis
    Pages 23-51
  4. George C. Bitros, Anastasios D. Karayiannis
    Pages 53-85
  5. George C. Bitros, Anastasios D. Karayiannis
    Pages 87-99
  6. George C. Bitros, Anastasios D. Karayiannis
    Pages 101-126
  7. George C. Bitros, Anastasios D. Karayiannis
    Pages 127-152
  8. George C. Bitros, Anastasios D. Karayiannis
    Pages 153-177
  9. George C. Bitros, Anastasios D. Karayiannis
    Pages 179-196
  10. George C. Bitros, Anastasios D. Karayiannis
    Pages 197-247
  11. Back Matter
    Pages 249-279

About this book

Introduction

Developments across the millennia suggest that, even though democracies and free market economies are continuously challenged by crises and disturbances, such as natural disasters, wars, or technological revolutions, in the countries where they take roots civil liberties deepen and per capita prosperity increases. To substantiate this claim analytically, the authors emphasize the principles that make free markets a sine qua non condition for democracy and study the nature of the relationship between free market institutions and economic growth. By examining the operating principles, outcomes and challenges experienced by contemporary democracies, many lessons are drawn with regard to how governments should act in order to avoid the pitfalls inherently associated with representative democracy. To illustrate the dangers of deviating from these principles, the authors apply their findings to the Greek democracy and economy since the Second World War.

Keywords

Democracy Economic Crisis Free Market Economy Governance Law and Order

Authors and affiliations

  • George C. Bitros
    • 1
  • Anastasios D. Karayiannis
    • 2
  1. 1., Athens University of Economics and BusinProfessor of Political Economy, EmeritusAthensGreece
  2. 2., University of PiraeusLate Professor of EconomicsPiraeusGreece

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-33421-4
  • Copyright Information Springer-Verlag Berlin Heidelberg 2013
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Humanities, Social Sciences and Law
  • Print ISBN 978-3-642-33420-7
  • Online ISBN 978-3-642-33421-4
  • About this book