Corona Limits Market Individual decisions Income distribution Competition

The market system is subject to limits that have to do with externalities, inequalities and excessive market concentration. These can only be taken care of by government action. But governments are also subject to limits in their capacity to act. In my book “The Limits of the market” I analyze the nature of these limits and how they can be overcome.

Authors

Degrauwe

Paul De Grauwe

Professor London School of Economics

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