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FREE MARKET ECONOMY (3) answer(s).
 
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ID:   108649


Competition in the US free market economy / Kessel, Elton   Journal Article
Kessel, Elton Journal Article
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Publication 2011.
Summary/Abstract Elton Kessel describes the role of competition in a free market economy, contrasting its place in the financial sector as financial firms move from a monopoly position in initiating innovative financial procedures to an oligopolistic position as competitors adopt the same procedures. The motivation is abnormal profits. Enormous profits among a relatively small number of firms have led to political power making it unlikely for states or international organisations to secure legislative control of these firms.
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2
ID:   138472


Gu Yiqun: economic liberalism in China in the 1930s / Borokh, O   Article
Borokh, O Article
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Summary/Abstract The author draws extensively on Gu Yiqun's writings to survey the core ideas of economic liberalism that were current in China in the mid-1930s. She looks closely at the theoretical arguments advanced in favor of a free market economy, and the criticisms leveled at the time at the Soviet planned model and controlled economy.
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3
ID:   086491


Smithian and schumpeterian growth in Chile / Couyoumdjian, Juan Pablo   Journal Article
Couyoumdjian, Juan Pablo Journal Article
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Publication 2009.
Summary/Abstract During the mid-1970s, Chile started a process of radical reforms that laid the foundations of a free-market economy in the country. Openness to foreign trade has usually been identified as a crucial element of these reforms. But one should also keep in mind that these reforms had an important institutional basis.
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