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The natural instability of markets : expectations, increasing returns and the collapse of capitalism

As socialist states struggle to transform themselves into market economies and the United States privatizes everything from schooling to policing, the current crises in Russia and East Asia suggest that something might be amiss. In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets. What had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. A close look at market economies is more timely and crucial than ever. Michael Perelman argues that capitalism's victory is temporary, based.

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  • "Natural instability of markets"
  • "Yu qi shou yi di zeng he zi ben zhu yi de beng kui"
  • "预期收益递增和资本主义的崩溃"

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  • "As socialist states struggle to transform themselves into market economies and the United States privatizes everything from schooling to policing, the current crises in Russia and East Asia suggest that something might be amiss. In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets. What had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. A close look at market economies is more timely and crucial than ever. Michael Perelman argues that capitalism's victory is temporary, based."@en
  • "In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets - what had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. Michael Perelman argues that capitalism's victory is temporary, based as it is on an unrealistic understanding of the system's inherent risks. He analyzes the nature and causes of crisis within a market society and along the way, he reexamines one of capitalism's most primary and unquestioned tenets - the more competition there is, the better off society will be. This accessible book, garnished with plenty of examples and anecdotes, is an open-minded injection of common sense into the understanding of a capitalist society."

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  • "Livres électroniques"
  • "Electronic books"@en
  • "Electronic resource"@en

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  • "Shi chang de tian sheng bu wen ding xing"
  • "The natural instability of markets : Expectations, increasing returns, and the collapse of capitalism"
  • "The natural instability of markets : expectations, increasing returns and the collapse of capitalism"@en
  • "The natural instability of markets : expectations, increasing returns and the collapse of capitalism"
  • "The natural instability of markets expectations, increasing returns, and the collapse of capitalism"
  • "The natural instability of markets expectations, increasing returns, and the collapse of capitalism"@en
  • "The natural instability of markets : expectations, increasing returns, and the collapse of capitalism"
  • "The natural instability of markets : expectations, increasing returns, and the collapse of capitalism"@en
  • "Natural Instability Of Markets"@en
  • "市场的天生不稳定性"
  • "Natural Instability Of Markets Expectations, Increasing Returns, and the Collapse of Capitalism"@en

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