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Author:Kapoor, M.
Title:The dead hand of state
Journal:Business Central Europe
1996 : MAR, VOL. 4:29, p. 9-11
Index terms:INDUSTRIAL POLICY
GOVERNMENT
EUROPE
Language:eng
Abstract:Economists are agreed on the dangers of state interventionism. Everyone else is agreed on the dangers of the free market. Free-market economics are impossible in a democracy, says Ralf Boscheck of IMD, a Swiss-based management development institute. He has a point. Clever-clever economists arguing for Utopian free-market ideals should look at the popular backlash against the pain of transformation in Central Europe, with left-wing governments elected everywhere from Hungary to Poland, claims the author.
SCIMA record nr: 147410
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