More about the book
In contemporary economics, "market failure" is a common topic, but Brian Simpson argues that this perspective is fundamentally flawed. His book challenges the premises behind claims of market failure, offering a robust defense of the free market. By dissecting the arguments typically found in economics textbooks, Simpson reveals that the assertions against free markets are unfounded. He illustrates how free markets not only succeed but also enhance the standard of living and enable human flourishing. Beyond economic analysis, the book delves into moral and epistemological justifications for the free market, addressing philosophical underpinnings that refute market failure claims. Through a blend of economics and philosophy, Simpson presents a thorough and logically sound defense of free markets. Key topics explored include monopoly, antitrust laws, predatory pricing, externalities, safety and quality regulation, environmentalism, economic inequality, public goods, and asymmetric information. This work serves as an essential resource for those seeking a comprehensive understanding of the free market's principles and benefits.
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Markets Don't Fail!, Brian P. Simpson
- Language
- Released
- 2005
- product-detail.submit-box.info.binding
- (Hardcover)
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- Title
- Markets Don't Fail!
- Language
- English
- Authors
- Brian P. Simpson
- Publisher
- Lexington Books
- Released
- 2005
- Format
- Hardcover
- Pages
- 234
- ISBN10
- 0739110349
- ISBN13
- 9780739110348
- Series
- Description
- In contemporary economics, "market failure" is a common topic, but Brian Simpson argues that this perspective is fundamentally flawed. His book challenges the premises behind claims of market failure, offering a robust defense of the free market. By dissecting the arguments typically found in economics textbooks, Simpson reveals that the assertions against free markets are unfounded. He illustrates how free markets not only succeed but also enhance the standard of living and enable human flourishing. Beyond economic analysis, the book delves into moral and epistemological justifications for the free market, addressing philosophical underpinnings that refute market failure claims. Through a blend of economics and philosophy, Simpson presents a thorough and logically sound defense of free markets. Key topics explored include monopoly, antitrust laws, predatory pricing, externalities, safety and quality regulation, environmentalism, economic inequality, public goods, and asymmetric information. This work serves as an essential resource for those seeking a comprehensive understanding of the free market's principles and benefits.