Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.
|Publisher:||Taylor & Francis|
|Series:||Routledge Foundations of the Market Economy Series|
|Product dimensions:||5.50(w) x 8.50(h) x 1.06(d)|
|Lexile:||1490L (what's this?)|
|Age Range:||18 Years|