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Concept information

Preferred term

markets and economic theory  

Definition

  • This entry introduces the basic aspects of the institution of the market, describing its normative significance and basic functions. It then proceeds to examine the controversial relationship of markets to the distribution and consumption of public goods and concludes by raising some critical points. [Source: Encyclopedia of Philosophy and the Social Sciences; Markets and Economic Theory]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-WMTD4P2N-X

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