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A Market Theory of Money

John Hicks

Published in print:
1989
Published Online:
November 2003
ISBN:
9780198287247
eISBN:
9780191596407
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198287240.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

John Hicks's writing on monetary economics spans over fifty years. This book draws together the common threads of his work in a single succinct statement of the basics of monetary theory. It also ... More


Economics: The Last Bastion of Rationality

Gilles Saint-Paul

in The Tyranny of Utility: Behavioral Social Science and the Rise of Paternalism

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691128177
eISBN:
9781400838899
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691128177.003.0004
Subject:
Economics and Finance, History of Economic Thought

This chapter examines how the assumptions underlying economic theory lead to a presumption of laissez-faire, and why this apparatus is fragile because those assumptions are not grounded on empirical ... More


Allocation of Factors in Competitive Markets

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter examines the issues considered in the allocation of factors in competitive markets. It suggests that general equilibrium analysis is very useful in public finance and international trade ... More


Competition Law, Citizenship Rights, and Social Solidarity

Tony Prosser

in The Limits of Competition Law: Markets and Public Services

Published in print:
2005
Published Online:
March 2012
ISBN:
9780199266692
eISBN:
9780191699153
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199266692.003.0002
Subject:
Law, Competition Law, EU Law

This chapter examines the theoretical and philosophical background of the tensions between competition law and public service values in Great Britain. It analyses the purposes and bases of ... More


Evidence on the Efficacy of Industrial Policy During the High-Growth Period

JAMES E. VESTAL

in Planning for Change: Industrial Policy and Japanese Economic Development, 1945–1990

Published in print:
1995
Published Online:
October 2011
ISBN:
9780198290278
eISBN:
9780191684814
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198290278.003.0004
Subject:
Business and Management, International Business, Political Economy

This chapter correlates policy measures with the economic criteria which must have been fulfilled in order for industrial policy to have positively affected Japan's economic recovery and growth. If ... More


Trade Size and Market Depth

Thierry Foucault, Marco Pagano, and Ailsa Röell

in Market Liquidity: Theory, Evidence, and Policy

Published in print:
2013
Published Online:
September 2013
ISBN:
9780199936243
eISBN:
9780199333059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199936243.003.0005
Subject:
Economics and Finance, Financial Economics

This chapter provides a framework for analyzing the determinants of market depth (i.e., how and why transaction prices react to order size). Market depth depends on three of the factors that affect ... More


The Fair Trade Commission and the Enforcement of Competition Policyin Japan

G. BRUCE DOERN and STEPHEN WILKS

in Comparative Competition Policy: National Institutions in a Global Market

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198280620
eISBN:
9780191684371
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198280620.003.0005
Subject:
Political Science, Political Economy

This chapter discusses the Japan Fair Trade Commission (JFTC), one of the oldest and most powerful competition authorities in the world. The JFTC has been a unique and vulnerable agency administering ... More


Planning for Change: Industrial Policy and Japanese Economic Development, 1945–1990

James E. Vestal

Published in print:
1995
Published Online:
October 2011
ISBN:
9780198290278
eISBN:
9780191684814
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198290278.001.0001
Subject:
Business and Management, International Business, Political Economy

What has been the role of government industrial policy in Japan's extraordinary post-war development? How has the role changed in successive phases of growth? What ‘lessons’ can be learnt from this ... More


The Struggle against Collectivism, 1933–1945

A. J. Nicholls

in Freedom with Responsibility: The Social Market Economy in Germany 1918-1963

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198208525
eISBN:
9780191678059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198208525.003.0006
Subject:
History, European Modern History

This chapter focuses on the different forms of anti-collectivist camps inside and outside Germany during Hilter's accession to power. Eucken and Böhm emphasized the need for a free-price mechanism ... More


Capitalist Planning: The Self-Government for Industry Bill

Daniel Ritschel

in The Politics of Planning: The Debate on Economic Planning in Britain in the 1930s

Published in print:
1997
Published Online:
October 2011
ISBN:
9780198206477
eISBN:
9780191677151
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198206477.003.0006
Subject:
History, British and Irish Modern History, Economic History

This chapter examines the Self-Government for Industry Bill, which intended to establish in Britain a variant of a corporatist economy, composed of functionally organized industrial corporations and ... More


Introduction Economists and Socialism

in Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism

Published in print:
2011
Published Online:
June 2013
ISBN:
9780804775663
eISBN:
9780804778961
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804775663.003.0001
Subject:
Economics and Finance, Economic History

Neoliberalism is an economic and political ideology that fundamentally changed the world. It glorifies the market while condemning the state, socialism, and even collective ideals such as social ... More


Post-1989 How Transnational Socialism Became Neoliberalism without Ceasing to Exist

in Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism

Published in print:
2011
Published Online:
June 2013
ISBN:
9780804775663
eISBN:
9780804778961
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804775663.003.0008
Subject:
Economics and Finance, Economic History

After 1989, the political terrain and political options worldwide for turning democratic, decentralized socialism into reality changed dramatically. Elites began to view socialism as non-viable, with ... More


Models of Religion–State Relations

REX AHDAR and IAN LEIGH

in Religious Freedom in the Liberal State

Published in print:
2005
Published Online:
January 2010
ISBN:
9780199253623
eISBN:
9780191719769
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199253623.003.0004
Subject:
Law, Human Rights and Immigration

This chapter surveys the various types of interaction between religion and government by considering which model or models best advance religious freedom in a liberal state. The goal is to determine ... More


Perspectives from Policymakers

Pat Wood III, Thomas R. Kuhn, and Joe Barton

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0012
Subject:
Economics and Finance, Econometrics

This chapter presents policymakers' view on the deregulated electricity industry in the U.S. Federal Energy Regulatory Commission (FERC) chairman Pat Wood III argues that electricity markets require ... More


5 Imperfect, Monopolistic, and Workable Competition

Herbert Hovenkamp

in The Making of Competition Policy: Legal and Economic Sources

Published in print:
2013
Published Online:
April 2015
ISBN:
9780199782796
eISBN:
9780190261351
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199782796.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter considers key elements added to the theoretical landscape of competitive markets brought by the Sherman Act and the subsequent theories that emerged after the passing of the Act. These ... More


The Continental Tradition of Public Service

Tony Prosser

in The Limits of Competition Law: Markets and Public Services

Published in print:
2005
Published Online:
March 2012
ISBN:
9780199266692
eISBN:
9780191699153
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199266692.003.0005
Subject:
Law, Competition Law, EU Law

This chapter outlines the principles of the French law of service public and the Italian law of servizio pubblico. It reveals that public service law in France has developed at a high level of ... More


The Unconscionability Principle

Melvin A. Eisenberg

in Foundational Principles of Contract Law

Published in print:
2018
Published Online:
October 2018
ISBN:
9780199731404
eISBN:
9780199364718
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199731404.003.0007
Subject:
Law, Company and Commercial Law

Chapter 7 concerns one of the most important developments in modern contract law: the emergence of the principle that an unconscionable contract is unenforceable. Two elements should figure in the ... More


Subsidizing National Champions: An Evolutionary Perspective

Cécile Aubert, Oliver Falck, and Stephan Heblich

in Industrial Policy for National Champions

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262016018
eISBN:
9780262298650
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016018.003.0004
Subject:
Political Science, Political Economy

To survive in a competitive market, it is important for firms or industries to innovate and develop new products. Firms enjoying support and protection from the government will hardly spend time, ... More


Winning Out: Making the Accountability Process Effective

A. C. L. Davies

in Accountability: A Public Law Analysis of Government by Contract

Published in print:
2001
Published Online:
March 2012
ISBN:
9780198299486
eISBN:
9780191685712
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198299486.003.0008
Subject:
Law, Constitutional and Administrative Law

This chapter investigates the enforcement of NHS contracts. It asks whether purchasers were in a position to render the contractual accountability process effective, by setting the standards of their ... More


Postscript

Yves Balasko

in General Equilibrium Theory of Value

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691146799
eISBN:
9781400838912
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146799.003.0013
Subject:
Economics and Finance, History of Economic Thought

This chapter begins with a brief discussion of the topicality of the standard model. The general equilibrium model studied in this book, a model that we can call the standard model, offers us a ... More


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