Efficiency and Externalities in an Open-Ended Universe
by Roy Cordato
Publisher: Ludwig von Mises Institute 2007
ISBN/ASIN: B001C36LPM
Number of pages: 160
Description:
The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process.
Download or read it online for free here:
Download link
(11MB, PDF)
Similar books

by Marc Linder - Greenwood Press
This work offers a theoretical foundation for discussing the self-employed, their role over time, and the formulation of policy towards them. It is a comprehensive analysis of self-employment to integrate legal, sociological, and economic theory.
(10706 views)

by Friedrich A. Hayek - Ludwig von Mises Institute
The greatest failing of non-Austrians theories of macroeconomics is that they lack a robust theory of capital. F.A. Hayek sought to fill out the theory of the business cycle with an impenetrable one, and the result was this remarkable 1941 treatise.
(16815 views)

by Murray N. Rothbard - Ludwig Von Mises Institute
The goal of this hefty tome by this master economist is to communicate with the public about economic theory and policy, in the form of articles. No economist has ever written so clearly about subjects usually wrapped in mystery.
(16560 views)

by Andrew Barkley - New Prairie Press
This book is written for applied intermediate microeconomics courses. It showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, international trade, and natural resource sectors.
(10034 views)