Abstract
The book presented here brings neither an important theoretical breakthrough nor an original idea, but it gives a stimulating answer to a fundamental question, asked after the subprime crisis of 2008 even by many lukewarm supporters of the market economy. It is written by an outstanding economist, Allan H. Meltzer (1928–2017), who due to his modesty, seriousness, and unwillingness to produce headlines is less known and estimated than he deserves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsLiterature
Meltzer, A. H. (2012). Why capitalism? Oxford: Oxford University Press.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Schwarz, G. (2019). Gerhard Schwarz Recommends “Why Capitalism?” by Allan H. Meltzer. In: Frey, B., Schaltegger, C. (eds) 21st Century Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-17740-9_44
Download citation
DOI: https://doi.org/10.1007/978-3-030-17740-9_44
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-17739-3
Online ISBN: 978-3-030-17740-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)