The tyranny of the market

"Economists have long counseled reliance on markets rather than on government to decide a wide range of questions, in part because allocation through voting can give rise to a "tyranny of the majority." Markets, by contrast, are believed to make products available to suit any individual, regardless of what others want. But the argument is not generally correct. In markets, you can't always get what you want. This book explores why this is so and the consequences for consumers with atypical preferences."--BOOK JACKET.

Year

2007

Language

English

Publisher

Harvard University Press

Editions

2

Pages

170

ISBN

9780674025813

Data source: Wikidata