Tag Archives: free market

Elgar Debates: How to Promote a Global Economic Recovery? “The worst infliction we can impose on our economies is to leave them to the tyranny of the markets”

November 20, 2014

2 Comments

 

unemployed_men_queued_outside_a_depression_soup_kitchen_opened_in_chicago_by_al_capone

What are the best economic policies to promote global recovery? In the first letter of our Elgar Debates series, Steve Kates presented the Free Market view of the current economic crisis.   In this second letter Louis-Philippe Rochon gives his reply, setting out what he sees as the problems with reliance on the market and suggesting four practical steps to promote economic recovery. […]

Continue reading...

Who’s Afraid of Free Market Economics? By Steven Kates

October 23, 2014

6 Comments

479370088_3326281261_o

San Paulo Stock Exchange, by Rafael Matsunaga (CC BY 2.0).

As the Second Edition of Free Market Economics: an Introduction for the General Reader has just been published, author Dr Steven Kates tells us why his textbook is still unique.

[…]

Continue reading...

What’s the problem with International Aid for Education? By Pauline Dixon

July 15, 2014

2 Comments

OLYMPUS DIGITAL CAMERA

Reliance on International Aid for education in developing countries often leads to corruption and mismanagement that undermines the very purpose for which the aid was given.  But it does not have to be this way.  Dr Pauline Dixon, Reader in International Development and Education at Newcastle University, argues for a market-orientated model that would better serve those who need it most.

[…]

Continue reading...

Free Markets, Say’s Law and the Failure of Keynesian Economics – by Steven Kates

November 28, 2012

22 Comments

Photo: Mark Wainwright, Creative Commons 2.0

How can we return the economy from the midst of recession to rapid rates of growth? Steven Kates explains why adopting Kenynesian policy is doomed to failure, and instead advocates classical theory based on a proper understanding of Say’s Law.

[…]

Continue reading...
%d bloggers like this: