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Harvard University Press
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The Tyranny of the Market
Why You Can’t Always Get What You Want
Language:
English
Published/Copyright:
2007
About this book
Markets are widely believed to make products available to suit any individual, regardless of what others want. But the argument is not generally correct. In markets, you can’t always get what you want. This book explores why this is so and its consequences for consumers with atypical preferences.
Reviews
This is a book for all the people out there who sit down and flip through hundreds of channels but never seem to find something they like. In it Joel Waldfogel, one of America's most interesting economists, shows exactly how many people in the marketplace end up stranded, unable to get what they want. It's a provocative statement on why free markets don't necessarily make everyone better off.
-- Austan Goolsbee, The University of Chicago Graduate School of Business
-- Austan Goolsbee, The University of Chicago Graduate School of Business
The Tyranny of the Market conveys an exciting debate focusing on whether "the market gets it right," allowing each type of consumer to achieve his own goals through participating in markets. An important book.
-- Matthew Kahn, University of California, Los Angeles
-- Matthew Kahn, University of California, Los Angeles
The Tyranny of the Market presents a fascinating account of why the market fails to satisfy preference minorities.
-- Fiona Scott Morton, Yale School of Management
-- Fiona Scott Morton, Yale School of Management
Joel Waldfogel takes up the mythology of the market responding to our wants and desires, and shows how it often leaves out many people who are unable to get very much of what they want...This book could be very persuasive to those who will not listen to voices that have an explicitly progressive agenda.
-- Tikkun
-- Tikkun
Topics
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Frontmatter
i -
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Contents
v -
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Preface
vii -
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Introduction
1 -
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PART ONE. THEORY
11 -
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PART TWO. EMPIRICAL EVIDENCE
37 -
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PART THREE. MARKET SOLUTIONS AND THEIR LIMITS
87 -
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PART FOUR. POLICY SOLUTIONS AND THEIR LIMITS
129 -
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Conclusion
163 -
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Notes
173 -
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References
189 -
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Credits
195 -
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Index
197
Publishing information
Pages and Images/Illustrations in book
eBook published on:
July 1, 2009
eBook ISBN:
9780674044791
Pages and Images/Illustrations in book
Main content:
216
eBook ISBN:
9780674044791
Audience(s) for this book
Professional and scholarly;
