TY - BOOK AU - Kay,J.A. TI - The truth about markets: why some nations are rich but most remain poor SN - 9780140296723 (pbk.) : AV - HB95 U1 - 330.122 KAY PY - 2004/// CY - London PB - Penguin KW - Economic policy KW - Business cycles KW - Capitalism KW - Free enterprise KW - Economics KW - ukslc KW - Economic systems & structures KW - thema KW - International economics N1 - Originally published: London: Allen Lane, 2003; Includes bibliographical references (p. 430-461) and index; 1.Welcome to the world of Bloomberg television -- 2.People -- 3.Figures -- 4.How rich states became rich -- 5.Transactions and rules -- 6.Production and exchange -- 7.Assignment -- 8.Central planning -- 9.Pluralism -- 10.Spontaneous order -- 11.Competitive markets -- 12.Markets in risk -- 13.Markets in money -- 14.General equilibrium -- 15.Efficiency -- 16.Neoclassical economics and after -- 17.Rationality and adaptatio -- 18.Information -- 19.Risk in reality -- 20.Co-operation -- 21.Co-ordination -- 22.The knowledge economy -- 23.Poor states stay poor -- 24.Who gets what? -- 25.The American business model -- 27.Beyond the American business model -- 28.The embedded market -- 29.The framework of economic policy -- 30.A primer in economic policy N2 - This accessible work explains the big questions of contemporary economics: how do markets work? Why do they work? Why are they better than alternative systems of organizing economics? And why, sometimes, do they fail catastrophically? ER -