Just what is the market system? This clear and accessible book answers this question, then explains how it works and what it can and cannot do. Lindblom, writin

What is Market System A market system is any systematic process enabling many market players to offer and demand: helping buyers and sellers interact and make d

The overriding objective of this text is to help students understand the economic context in which they play out their personal and professional lives, both in

Ever since Adam Smith suggested his concept of the 'invisible hand', advocates of the market have argued that social cohension, material prosperity and politica