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Tekijä:Nelson, R.
Otsikko:In memoriam: on the death of the "market mechanism"
Lehti:Ecological Economics
1997 : MAR, VOL. 20:3, p. 187-198
Asiasana:ECOLOGY
ECONOMICS
MARKETING
Kieli:eng
Tiivistelmä:The concept of the market mechanism emerged in the 1940s as a central feature in the thinking of the economics profession in the United States. With improved knowledge of the scientific laws of the market, economists argued that society could use the instrument of the market to achieve a wide range of social goals with maximal efficiency and effectiveness. For example, many economists have argued that the reduction of poverty is best accomplished by manipulating the labor market through the "negative income tax" or other technical devices.
SCIMA tietueen numero: 158483
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