The truth about markets: why some nations are rich but most remain poor Kay, John

By:

Kay, John

Publication details: Penguin Press 2004 LondonDescription: ix, 478 pISBN:

9780140296723

Subject(s):

DDC classification:

330.122 K2T7

Summary: Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model – unfettered self-interest, privatization and low tax – faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism? Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why ‘one-size-fits-all’ globalization hurts developing countries and why markets can work – but only in a humane social and cultural context. His answers offer a radical new blueprint for the future. (https://www.penguin.co.uk/books/26516/the-truth-about-markets/)

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Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	330.122 K2T7 (Browse shelf(Opens below))	Available		191424

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	330.122 B6C6 Cognitive capitalism	330.122 K2G3 Getting past capitalism: history, vision, hope	330.122 K2T7 The truth about markets: why some nations are rich but most remain poor	330.122 K4E6 The end of alchemy: money, banking and the future of the global economy	330.122 K5S4 The shock doctrine: the rise of disaster capitalism	330.122 L2E6 The end of organized capitalism	Next

Table of Contents:

Part-1 The Issues

1. Welcome to the World of Bloomberg Television

2. People

3. Figures

4. How Rich States Became Rich

5. Transactions and Rules

Part-2 The Structure of Economic Systems

6. Production and Exchange

7. Assignment

8. Central Planning

9. Pluralism

10. Spontaneous Order

Part-3 Perfectly Competitive Markets

11. Competitive Markets

12. Markets in Risk

13. Markets in Money

14. General Equilibrium

15. Efficiency

Part-4 The Truth About Markets

16. Neoclassical Economics and After

17. Rationality and Adaptation

18. Information

19. Risk in Reality

20. Co-operation

21. Co-ordination

22. The Knowledge Economy

Part-5 How It All Works Out

23. Poor States Stay Poor

24. Who Gets What?

25. Places

Part-6 Political Economy

26. The American Business Model

27. Beyond the American Business Model

28. The Embedded Market

29. The Framework of Economic Policy

30. A Primer in Economic Policy

Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model – unfettered self-interest, privatization and low tax – faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism?

Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why ‘one-size-fits-all’ globalization hurts developing countries and why markets can work – but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.

(https://www.penguin.co.uk/books/26516/the-truth-about-markets/)

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