Adam Smith's Ambition

Authors

DOI:

https://doi.org/10.11565/gesten.v2i4.50

Abstract

The aim of this note is to present and discuss the main axes that organize the workings of what is usually known as the free market. Emphasis is placed both on the conditions under which the resulting allocation of resources is efficient and on the problems giving rise to what are termed market failures.

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References

Hobbes, Thomas (1668). Leviathan. Hackett Publishing Company, Inc.

Smith, Adam (1776). The Wealth of Nations. Oxford World's Classics.

Feldman, Allan (2005). Welfare Economics and Social Choice Theory. Springer-Verlag New York Inc.

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Published

2017-12-10

Issue

Vol. 2 No. 4 (2017)

Section

Opinión de Actualidad

License

Copyright (c) 2017 GESTIÓN Y TENDENCIAS

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Adam Smith’s Ambition. (2017). GESTIÓN Y TENDENCIAS, 2(4), 11-15. https://doi.org/10.11565/gesten.v2i4.50

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