The virtues of free markets

Mark Zupan

Free markets have many virtues. Arguably, the most recognized is the expansion of individual choices - and thus freedom - through mutually beneficial exchange (see Bauer's definition of economic development in Dorn 2002: 356). This proposition is at the heart of the enduring impact of Adam Smith's Wealth of Nations ([1776] 1937) which aptly spells out the benefits of the Invisible Hand for citizens and societies

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Year of publication:	2011
Authors:	Zupan, Mark A.
Publisher:	Rochester, NY : Simon Graduate School of Business, Univ. of Rochester
Subject:	Marktwirtschaft \| Market economy \| Ethik \| Ethics \| Gefangenendilemma \| Prisoner's dilemma

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Extent:	Online-Ressource (PDF-Datei: 40 S., 503,62 KB)
Series:	Simon Business School working paper. - Rochester, NY : [Verlag nicht ermittelbar], ZDB-ID 2452756-7. - Vol. 11-16 Simon School Working Paper ; No. FR 11-16
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	10.2139/ssrn.1823435 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009316141