Ethical reflections on the financial crisis 2007/2008 : making use of Smith, Musgrave and Rajan / Wilfried Ver Eecke.
In this book the author reflects on the philosophical and ethical bases of the financial crisis 2007-08 and the subsequent recession. He finds in Adam Smith solid arguments for the new free market economy, capitalism, but also arguments for a role for the government in the case of public goods (road...
Saved in:
| Main Author: | |
|---|---|
| Format: | Ebook |
| Language: | English |
| Published: |
Heidelberg ; New York :
Springer,
[2013]
|
| Series: | SpringerBriefs in economics.
|
| Subjects: | |
| Online Access: | Springer eBooks |
| Summary: | In this book the author reflects on the philosophical and ethical bases of the financial crisis 2007-08 and the subsequent recession. He finds in Adam Smith solid arguments for the new free market economy, capitalism, but also arguments for a role for the government in the case of public goods (roads) and of merit goods (education, control of banking). Where the provision of public goods requires that the government respect consumer sovereignty there the provision of merit goods legitimizes the violation of that principle. |
|---|---|
| Physical Description: | 1 online resource (x, 102 pages). |
| Format: | Mode of access: World Wide Web. |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 1299197884 3642350917 9781299197886 9783642350917 |
| ISSN: | 2191-5504 |