The Market Economy: A Reader outlines the characteristics and philosophical underpinnings of the market economy and its usefulness in the allocation of resources. This anthology offers a comprehensive set of authentic, primary source selections that demonstrate how the tenets of classical economic liberalism provide the foundation for an efficient economic system-while also maximizing individual freedom. The readings also provide a structure for analyzing economic and philosophical issues. The book includes selections from several authors who are not economists but whose work is important in terms of their contribution to economic thought, such as Henry David Throeau and Ayn Rand. It also features classic readings such as Adam Smith's invisible hand from his Wealth of Nations, David Ricardo's original explanation of comparative advantage from Principles of Political Economy and Taxation, and John Stuart Mill's eloquent expression of the limits of government in On Liberty. Latter day proponents of private enterprise include Friedrich Hayek, Ludwig von Mises, and Milton Friedman.
These authors and others address how the market economy responds to such topical issues as the environment, income distribution, and free trade.

The Market Economy and Sacred And The Profane

Write a review

Over 14,000 churches and schools have upgraded to an Advance Account and we‘d love to welcome you into this free program. We know that church volunteers and school teachers often use their own money, then have claim it back on on an expense form. We can take all of that hassle away by invoicing your church or school directly and delivering your order straight away.

Opening an account is quick and easy, with most accounts being approved and setup within a few hours of filling in the form below (on weekdays, not weekends). As soon as we‘ve approved the application we‘ll send you an email to let you know that its done.

Upgrade to a FREE Eden Advance Account