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Liberty, Equality and Efficiency. Apologia pro Agathotopia Mea.


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ISBN 10: 0814754910 / ISBN 13: 9780814754917
Editorial: New York: New York University Press, 1993., 1993
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Librería: Ted Kottler, Bookseller (Redondo Beach, CA, Estados Unidos de America)

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First Edition. ix, 256 pp. Original cloth. Near Fine, in near fine dust jacket. James E. Meade: Nobel Prize, Economics, 1977. N° de ref. de la librería 06959

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Título: Liberty, Equality and Efficiency. Apologia ...

Editorial: New York: New York University Press, 1993.

Año de publicación: 1993

Encuadernación: Hardcover

Condición de la sobrecubierta: Dust Jacket Included

Edición: 1st Edition

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In this volume, Nobel Laureate James Meade discusses a set of radical changes in economic institutions and policies designed to show an efficient, socially acceptable third alternative between Keynesian inflation and monetarist unemployment, and between the inefficiencies of socialist centralism and the ravages of unrestrained capitalist competition. According to Meade, these changes should aim at allowing freedom of individual choice (liberty), producing a high standard of living (efficiency) and avoiding excessive divergences between riches and poverty (equality).
But there are inevitably clashes between these objectives. For example, free competition may promote liberty and efficiency but will offer high rewards to the owners of scarce resources and low rewards to those who command little earning power, resulting in the denial of equality. The author suggests a set of reforms which could mitigate the effects of such clashes. Such a review of institutions is highly relevant in the present age of social uncertainties. For example, on what lines should the post-communist economies of Eastern Europe be rebuilt? Can we avoid the stark choice between the inflation of Keynesianism and the unemployment of monetarism? Can the ravages of free capitalist competition be avoided without the inefficiencies of centralized economic planning?

Including an extensively revised version of Meade's well- known tract, Agothopia: The Economics of Partnership, Liberty, Equality, and Efficiency will be of interest to both economists and political scientists.

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CREDIT CARD ORDERS MAY ONLY BE ACCEPTED ON BEHALF OF ABE. Personal/bank/traveler's checks (made payable to Ted Kottler), money orders, international money orders are fine. All books are First Editions, in original cloth bindings, and in Very Good or better condition, unless otherwise noted. Returns: with prior notice and within 10 days. I am always interested in purchasing First Editions of scholarly, hardcover books in the history of science and the history of medicine, as well as First Edition...

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