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Books Books 1 - 9 of 9 on the market needs a place and the market needs to be kept in its place.
" the market needs a place and the market needs to be kept in its place "
Equality and Efficiency: The Big Tradeoff - Page viii
by Arthur M. Okun - 2010 - 124 pages
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The Liberation of Life: From the Cell to the Community

Charles Birch, John B. Cobb - Science - 1985 - 363 pages
...the inequalities generated by the market without unduly reducing the efficiency. His conclusion is that 'the market needs a place, and the market needs to be kept in its place' (p. 119). Okun considers that the efficiency to which the market is dedicated 'implies that more is...
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Strategies for Structural Adjustment: The Experience of Southeast Asia ...

Ungku Abdul Aziz - Business & Economics - 1990 - 202 pages
...it is also necessary to keep in mind Kermit Gordon's (1975) comment in the Foreword to Okun's book that "the market needs a place and the market needs to be kept in its place" (p. viii). Moreover, in this region's literature, distinction between market and government is not...
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Labor Markets and Social Policy in Central and Eastern Europe: The ...

N. A. Barr - Business & Economics - 1994 - 387 pages
...as inequitable. Thus Arthur Okun (1975, p. 1 19) puts things slightly differently from Adam Smith: The market needs a place, and the market needs to be kept in its place. It must be given enough scope to accomplish the many things it does well. It limits the power of bureaucracy....
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Staff Studies for the World Economic Outlook, 1997

International Monetary Fund - Economic forecasting - 1997 - 149 pages
...course, there is a fuzzy and shifting boundary on the acceptability of markets, but according to Okun, the "market needs a place, and the market needs to be kept in its place" (p. 119) to maintain the legitimacy of the society. This point applies with particular force to international...
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Itineraires de "deflatés" Au Cameroun

Bayie Kamanda, Association euro-africaine pour l'anthropologie du changement social et du développement - Social Science - 1999 - 125 pages
...which further leads to the state of conflict between equality and efficiency. Okun (1975: 119) states, "the market needs a place, and the market needs to be kept in its place." The market is kept in its place by the limited regulatory powers of public administrators but when...
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The Cambridge Economic History of Modern Britain, Volume 2

Roderick Floud - Business & Economics - 2004 - 572 pages
...resulted in this long-term trend towards big government. In a telling phrase, Okun (1975: 119) noted that 'the market needs a place, and the market needs to be kept in its place'. The primary purpose of this chapter is to establish how and why those boundaries were set, at what...
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Discussing Economics: A Classroom Guide to Preparing Discussion Questions ...

Michael K. Salemi, W. Lee Hansen - Education - 2005 - 318 pages
...domain of rights must face up to the implications of these principles in the domain of dollars.' and "The market needs a place, and the market needs to be kept in its place' and '...I cheered the market; but I could not give it more than two cheers'? 5 . According to Okun,...
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Calculated Futures: Theology, Ethics, and Economics

D. Stephen Long, Nancy Ruth Fox, Tripp York - Religion - 2007 - 233 pages
...outside" (Blinder, 1987, 21). Even Okun would agree with the theologian's assessment of the market. "The market needs a place, and the market needs to be kept in its place." This is a legitimate role for the theologian. Theology and economics contain significant differences in...
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consumer and quality

D.B.N. Murthy - 2001 - 248 pages
..."Bibliography" in the Appendix. This list is neither complete nor comprehensive. TRENDS IN CONSUMERISM "The market needs a place, and the market needs to be kept in its place" — Anon Though we may not match the consumerism of the advanced countries, we have come a long way...
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