Free markets under siege : cartels, politics, and social welfare / by Richard A. Epstein ; with a foreword by Sir Geoffrey Owen and commentary by Geoffrey Wood.

Format:

Book

Author/Creator:

Epstein, Richard Allen, 1943-

Contributor:

Wood, Geoffrey, 1925-

Series:

Hoover Institution Press publication ; 536.

Hoover classics

Hoover Institution Press publication ; no. 536

Language:

English

Subjects (All):

Capitalism.

Socialism.

Competition.

Physical Description:

1 online resource (128 p.)

Edition:

Hoover classics ed.

Place of Publication:

Stanford, Calif. : Hoover Institution Press, c2008.

Summary:

Drawing on his extensive knowledge of history, law, and economics, Richard Epstein examines how best to regulate the interface between market choice and government intervention?and find a middle way between socialism and libertarianism. He argues the merits of competition over protectionism and reveals the negative results that ensue when political forces displace economic competition with subsidies and barriers to entry. In the process, he provides an illuminating analysis of some of the ways that special interest groups, with the help of sympathetic politicians, have been able to manipulate

Contents:

Front Cover; Book Title; Copyright; Contents; Introduction to the Hoover Classics Edition; Foreword; Brief Introduction to the American Edition:Back Home Again; 1. Modern Justifications for Classical Liberalism; 2. Between Socialism and Libertarianism; 3. Competition and Cartels; 4. Agricultural Markets, Protectionism,and Cartels; 5. Cartels in Labor Markets; 6. Conclusion: The Importance ofGetting the Easy Cases Right; References; Commentary; Index

Notes:

"Reissued with a new introduction."

Includes bibliographical references and index.

ISBN:

9780817946135

0817946136

9780817946180

0817946187

OCLC:

863672865