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Understanding the Private-Public Divide

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A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.

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Understanding the Private-Public Divide, Avner Offer

Taal
Jaar van publicatie
2022
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(Paperback)
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Taal
Engels
Jaar van publicatie
2022
Formaat
Paperback
Aantal pagina's
200
ISBN10
1108791662
ISBN13
9781108791663
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Beoordeling
5 van 5
Aantekening
A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.