The Limits of the Market: The Pendulum Between Government and Market

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The Limits of the Market: The Pendulum Between Government and MarketThe old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them

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Text type: A non-fiction recount

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author of The Valley and The Farm