BRUNO S. FREY AND JOSEPH E. STIGLITZ ABOUT GOVERNMENT FAILURE AND MARKET FAILURE
<p>One of the most fascinating economic issue is effectiveness of operating of resources allocation mechanisms. During 250 years, mercantilists were favouring a nation, later Adam Smith convincingly substantiated, that only market mechanism enables nations to achieve prosperity, however John M...
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| Format: | Article |
| Language: | English |
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Uniwersytet Mikołaja Kopernika
2010-12-01
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| Series: | Ekonomia i Prawo. |
| Online Access: | http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/542 |