03445nam 22006375 450 991025489320332120240628133146.09783319408088(electronic bk.)331940808910.1007/978-3-319-40808-8(CKB)3710000000897434(DE-He213)978-3-319-40808-8(MiAaPQ)EBC4713782(Perlego)3494973(EXLCZ)99371000000089743420161006d2016 u| 0engurnn#008mamaatxtrdacontentcrdamediacrrdacarrierSuspicions of Markets Critical Attacks from Aristotle to the Twenty-First Century /by Donald Rutherford1st ed. 2016.Cham :Springer International Publishing :Imprint: Palgrave Macmillan,2016.1 online resource (vi, 194 pages)9783319408071 3319408070 Includes bibliographical references and index.Chapter 1: Introduction -- Chapter 2: The case for markets -- Chapter 3: The start of the criticism: Aristotle -- Chapter 4: After the Greeks -- Chapter 5: Nineteenth century critics of the market -- Chapter 6: Later critics-. Chapter 7: An analysis of the principal criticisms -- Chapter 8: How to cope with flawed markets.In this work, Rutherford reviews why Adam Smith, Hayek, Mises and others praised economic markets, with a view to understanding, in contrast, historical attacks on markets dating as far back as Aristotle. The market has long been criticized as an inappropriate method of allocation, encouraging market participants to misbehave for the sake of personal gain, and creating an impersonal new market culture. This book traces how such attacks have become more vociferous in recent centuries, especially with the rise of socialism. Most recently the critique has broadened to include toxic markets and the excessive marketization of activities hitherto external to the market. Analysing these major criticisms, as well as the value of regulation, utopias and virtue ethics as a means of avoiding future suspicions of markets, the author lays the groundwork for the reader's own assessment of the arguments, and concludes by posing suggestions of how best we might cope with flawed markets in the future.EconomicsHistoryEconomic historyMacroeconomicsHistoryPhilosophyPhilosophy and social sciencesHistory of Economic Thought and MethodologyEconomic HistoryMacroeconomics and Monetary EconomicsPhilosophy of HistoryPhilosophy of the Social SciencesEconomicsHistory.Economic history.Macroeconomics.HistoryPhilosophy.Philosophy and social sciences.History of Economic Thought and Methodology.Economic History.Macroeconomics and Monetary Economics.Philosophy of History.Philosophy of the Social Sciences.330.1509Rutherford Donaldauthttp://id.loc.gov/vocabulary/relators/aut61775BOOK9910254893203321Suspicions of Markets2242543UNINA