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Steven G. Medema

The Hesitant Hand

Taming Self-Interest in the History of Economic Ideas

Buch

Adam Smith turned economic theory on its head in 1776 when he declared that the pursuit of self-interest mediated by the market itself--not by government--led, via an invisible hand, to the greatest possible welfare for society as a whole. The Hesitant Hand examines how subsequent economic thinkers have challenged or reaffirmed Smith's doctrine, some contending that society needs government to intervene on its behalf when the marketplace falters, others arguing that government interference ultimately benefits neither the market nor society. Steven Medema explores what has been perhaps the central controversy in modern economics from Smith to… Mehr

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Produktdetails


  • ISBN: 978-0-691-15000-0
  • EAN: 9780691150000
  • Produktnummer: 10691735
  • Verlag: Princeton University Press
  • Sprache: Englisch
  • Erscheinungsjahr: 2011
  • Seitenangabe: 248 S.
  • Masse: H23.4 cm x B15.6 cm x D1.4 cm 406 g
  • Abbildungen: Paperback
  • Gewicht: 406

Über den Autor


Steven G. Medema is professor of economics at the University of Colorado Denver. His many books include Economics and the Law: From Posner to Post-Modernism and Beyond (Princeton).

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