Why is the market

Author: Autumn Wind
Publisher:
Publish Date: 2004-03-01
Features: Why the Market? Another way to phrase this question is: Where does the government's visible hand reach? As long as we correctly understand the limits of government, we can immediately know the scope of the market. And one of the fundamental conclusions of contemporary economics is that the broader the market range, the more prosperous society becomes, wealth distribution becomes fairer, and people's morality is also more desirable. The chapters in this book attempt to raise a question in places where people—many, even most economists, officials, and ordinary citizens—believe must be controlled by the government, intervened by the government, or prohibited by the government: Why not let the market work? I hope to clarify that in many places where people think the market cannot function properly, the market is actually the best solution.