Understanding the Private-Public Divide Markets, Governments, and Time Horizons |
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| Author:
| Offer, Avner |
| ISBN: | 978-1-108-79166-3 |
| Publication Date: | Apr 2022 |
| Publisher: | Cambridge University Press
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| Book Format: | Paperback |
| List Price: | USD $30.99 |
Book Description:
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A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.
A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.