Markets and their regulation in a fallen world (in Lithuanian - Rinkos ir jų reguliavimas pasaulyje po nuopuolio)

Booth, Philip M (2016) Markets and their regulation in a fallen world (in Lithuanian - Rinkos ir jų reguliavimas pasaulyje po nuopuolio). In: Regulating Markets in an Economy without Angels - inaugural lecture, September 2016, St. Mary's University.

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Abstract

Economists often make unrealistic assumptions about human behaviour. They then relax those assumptions and identify "market failures" and make unrealistic assumptions about human behaviour in the government sphere in making judgements about how to react to those "market failures". This articles starts from realistic assumptions about human nature and asks what are the implications for how we should think about markets and their regulation.

Item Type: Conference or Workshop Item (Lecture)
Uncontrolled Keywords: regulation, market failure, Catholic social teaching, subsidiarity
Subjects: 300 Social sciences > 320 Political science
300 Social sciences > 322 Relation of state to organized groups
300 Social sciences > 336 Public finance
300 Social sciences > 351 Public administration
School/Department: School of Management and Social Sciences
Depositing User: Philip Booth
Date Deposited: 06 Jan 2017 16:11
Last Modified: 06 Jan 2017 16:11
URI: http://research.stmarys.ac.uk/id/eprint/1336

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