Hand Behind the Invisible Hand (eBook)

Dogmatic and Pragmatic Views on Free Markets and the State of Economic Theory

Karl Mittermaier (Autor)

eBook Download: EPUB

2020
278 Seiten
Bristol University Press (Verlag)
978-1-5292-0910-5 (ISBN)

Infos

Available Open Access under CC-BY-NC-ND Using Adam Smith’s notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously with new contributions, this book outlines Mittermaier’s main thesis and its relevance for ongoing debates within economics and philosophy.

---

Available Open Access under CC-BY-NC-NDMade famous by the Enlightenment thinker Adam Smith, the concept of an invisible hand might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces.Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers.Published posthumously, with new contributions by Daniel Klein, Rod O Donnell and Christopher Torr, this book outlines Mittermaier s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.

Produkt-Details

• Erscheint lt. Verlag: 22.7.2020
• Sprache: englisch
• Themenwelt: Wirtschaft ► Allgemeines / Lexika
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: Adam Smith • free markets • government intervention • History of Economic Thought • Philosophy of economics
• ISBN-10: 1-5292-0910-2 / 1529209102
• ISBN-13: 978-1-5292-0910-5 / 9781529209105