Comparative Economic Systems

Objectives, Decision Modes, and the Process of Choice

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Paperback | 25 November 1991

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428 Pages

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The phrase "economic system" refers to the organizational arrangements and processes through which a society makes its production and consumption decisions. In this book, Professor Conklin explores the diversity of economic systems and the choices societies must face in determining the economic systems best suited to their needs. He discusses the alternative objectives and alternative decision modes that are available to societies. Objectives such as efficiency, growth, liberty and equality--while themselves desirable--frequently involve trade-offs; the more complete attainment of any one objective may involve the partial sacrifice of another. In pursuit of its objectives, each society uses a combination of decision modes. Professor Conklin examines six of these: free enterprise, price controls, subsidies, taxation, non-price regulations, and public enterprise. He ends with a discussion of the processes societies use to make the necessary decisions between the available objectives and decision modes.

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Acknowledgements
Introductory overview
Objectives
Efficiency and growth
Liberty and equality
Decision Modes
Free enterprise
Price controls
Subsidies
Taxation
Non-price regulations
Public enterprises
Choosing Objectives and Decision Modes
Reform and revolution
Constraints imposed by the new world economy
Notes
Index
Table of Contents provided by Publisher. All Rights Reserved.

Comparative Economic Systems

Objectives, Decision Modes, and the Process of Choice

At a Glance

Paperback

Shipping

How to return your order

Defective items

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