Abstract
In the closing pages of his General Theory, John Maynard Keynes reminded us of both the flaws and advantages of a free market — that is, a decentralized, entrepreneurial — economy.
An abridged version of this paper entitled, ‘Achieving a Civilized Society’, was published in Challenge, 32 (5), September/October 1989.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Davidson, G. and P. Davidson (1988) Economics For A Civilized Society, (London: Macmillan).
Keynes, J. M. (1936) The General Theory of Employment Interest and Money, (New York: Harcourt Brace).
Editor information
Copyright information
© 1991 Paul Davidson
About this chapter
Cite this chapter
Davidson, P. (1991). Markets and Governments: the Comparison of Means and Objectives Under Different Economic Systems. In: Davidson, L. (eds) Inflation, Open Economies and Resources. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11516-7_10
Download citation
DOI: https://doi.org/10.1007/978-1-349-11516-7_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11518-1
Online ISBN: 978-1-349-11516-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)