The Age of Milton Friedman

Between 1980 and 2005, as the world embraced free market policies, living standards rose sharply, while life expectancy, educational attainment, and democracy improved and absolute poverty declined. Is this a coincidence? A collection of essays edited by Balcerowicz and Fischer argues that indeed reliance on free market forces is key to economic growth. A book by Stiglitz and others disagrees. I review and compare the two arguments.

MoreLess

Year of publication:	2009
Authors:	Shleifer, Andrei
Published in:	Journal of Economic Literature. - American Economic Association - AEA. - Vol. 47.2009, 1, p. 123-35
Publisher:	American Economic Association - AEA

More details

Extent:	application/pdf
Type of publication:	Article
Notes:	DOI: 10.1257/jel.47.1.123
Classification:	O10 - Economic Development. General ; O40 - Economic Growth and Aggregate Productivity. General ; P16 - Political Economy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004999765