Can the Free Market Pick Winners?
No CoverAn economic analysis questioning if free markets can effectively determine investments. Explores capital market theories for policymakers.
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An economic analysis questioning if free markets can effectively determine investments. Explores capital market theories for policymakers.
The purpose of this volume is to reopen the discussion of how to develop the economic theory of investment to better model the facts of experience and to provide policy makers with a better understanding of how capital markets work. In this final decade of the twentieth century, almost everyone agrees that human progress will be closely related to the decisions regarding the investments made to promote economic growth of output.
will contain mild spoilers
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Central focus on economic theories and free market policies.
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