Laissez-faire Capitalism and Social Progress
نویسندگان
چکیده
منابع مشابه
Laissez-faire versus Pareto∗
Consider two principles for social evaluation. The first, ‘laissez-faire’, says that mean-preserving redistribution away from laissez-faire incomes should be regarded as a social worsening. This principle captures a key aspect of liberal political philosophy. The second, weak Pareto, states that an increase in each individual’s disposable income should be regarded as a social improvement. We sh...
متن کاملCapitalism in Post-Colonial India: Primative Accumulation Under Dirigiste and Laissez Faire Regimes
.................................................................................................................... viii LIST OF TABLES ........................................................................................................... xiv CHAPTER
متن کاملOn the robustness of laissez-faire
This paper considers a model economy in which agents are privately informed about their type: their endowments of various goods and their preferences over these goods. While preference orderings over observable choices are allowed to be correlated with an agent’s private type, we assume that the planner/government is both uncertain about the nature of this joint distribution and unable to choos...
متن کاملThe Platform Economy and Natural Monopoly: regulating or laissez-faire?
The platform economy has been a hot issue all over the world, especially in china. The Chinese capital market has witnessed substantial cases of mergers and acquisitions among those platforms recent years. Three IT industry giants in China,BAT(Baidu,Alibaba,Tecent), are all developing towards gigantic system of various platforms through purchasing related small platforms or investing in some ne...
متن کاملIncentives to innovate and social harm: Laissez-faire, authorization or penalties?
We analyze optimal policy design when firms' research activity may lead to socially harmful innovations. Public intervention, affecting the expected profitability of innovation, may both thwart the incentives to undertake research (average deterrence) and guide the use to which innovation is put (marginal deterrence). We show that public intervention should become increasingly stringent as the ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Relations industrielles
سال: 1949
ISSN: 0034-379X,1703-8138
DOI: 10.7202/1023286ar