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Eric A. Posner, Glen Weyl (Beteiligte)

Radical Markets


Uprooting Capitalism and Democracy for a Just Society
2018. 368 S. 20 b&w illus. 228 mm
Verlag/Jahr: PRINCETON UNIVERSITY PRESS 2018
ISBN: 0-691-17750-3 (0691177503)
Neue ISBN: 978-0-691-17750-2 (9780691177502)

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Many blame today´s economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking--and pretty much all conventional thinking about markets, both for and against- on its head. The book reveals bold new ways to structure markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition- Radical Markets shows how.
"Perhaps the most ambitious attempt to rethink democracy and markets since Milton Friedman. Twenty years from now this just might be the book people are talking about. The writing is excellent, with great examples and historical detail. I admire the ambition and willingness to experiment, a rare thing in economics these days. It just might help launch a new branch of political economy."--Kenneth S. Rogoff, author of The Curse of Cash
Eric A. Posner is the Kirkland and Ellis Distinguished Service Professor at the University of Chicago Law School. His many books include The Twilight ofHuman RightsLaw and Climate Change Justice (Princeton). He lives in Chicago. E. Glen Weyl is principal researcher at Microsoft and visiting senior research scholar in economics and law at Yale University. He lives in Boston.