Description: Paul De Grauwe examines why a healthy mix of market and state seems so difficult and analyses the internal and external limits of the market and the government, and the swing between these two points.
Review Quotes:
"The book is a concise and straightforward look into the application of modern capitalism, its esoteric contradictions that threaten to tear it apart, and its relationship with government... Aside from the effective analysis, a major advantage of the bookis the explanatory narrative that the author utilizes, with minimal references, making it accessible to both academic and non-academic audiences" -- Alexandros Kyriakidis, JMCS
"An excellent book on the ideological debate between market and state... The book is just a joy to read. Both economists and general readers will find it very useful." -- Syed Basher (East West University, Bangladesh), Economic Record