Research Catalog

Title

The limits of market organization / Richard R. Nelson, editor.

Publication

New York : Russell Sage Foundation, [2005], ©2005.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Nelson, Richard R.

Description

viii, 386 pages : illustrations; 24 cm

Summary

"The last quarter century has seen a broad, but qualified, belief in the efficacy of market organization slide into an unyielding dogma that the market, as unconstrained as possible, is the best way to govern virtually all economic activity. However, unrestricted markets can often lead to gross inequalities in access to important resources, the creation of monopolies, and other negative effects that require regulation or public subsidies to remedy. In "The Limits of Market Organization," editor Richard Nelson and a group of economic experts take a look at the public/private debate, noting where markets are useful, where they can be effective only if augmented by non-market mechanisms, and where they are simply inappropriate." "This important volume shows that market organization has its virtues, but also its drawbacks. Just as regulation can be over-applied, so too can market principles. "The Limits of Market Organization" encourages readers to think more discriminately about the march toward privatization, and to remember the importance of public institutions."--BOOK JACKET.

Subjects

• Economic policy
• Government ownership
• Mixed economy
• Comparative economics
• Capitalism
• Free enterprise

Bibliography (note)

• Includes bibliographical references and index.

Contents

Ch. 1. Introduction / Richard R. Nelson -- Ch. 2. Electric power / Kira Fabrizio -- Ch. 3. Telecommunications regulation : an introduction / Nicholas Economides -- Ch. 4. Passenger rail / Elliott D. Sclar -- Ch. 5. Financial clearing systems / John A. James and David F. Weiman -- Ch. 6. The role of markets in American K-12 education / Richard J. Murnane -- Ch. 7. Early childhood education and care / Sheila B. Kamerman and Jane Waldfogel -- Ch. 8. Market versus state in health care and health insurance : false dichotomy / Dahlia K. Remler, Lawrence D. Brown and Sherry A. Glied -- Ch. 9. Basic scientific research / Richard R. Nelson -- Ch. 10. The Internet / David C. Mowery Timothy Simcoe -- Ch. 11. Satellite data / Roberta Balstad -- Ch. 12. Public health / Kristine M. Gebbie -- Ch. 13. Campaign finance / Richard Briffault -- Ch. 14. Conclusion / Richard R. Nelson.

ISBN

0871546264

LCCN

2004058806

OCLC

• ocm56559373
• SCSB-5178504

Owning Institutions

Columbia University Libraries