Knowledge and Coordination: A Liberal Interpretation

by Daniel B. Klein

Book Overview

Too often in economics the understanding of how things work by and large--not axiomatically or categorically--and the idea that we generally cannot know the economic system well enough to intervene into it beneficially are done less than justice. Yet they were Adam Smith's central messages for public policy, and they authorized a presumption of liberty, thus exceptions to liberty should be treated as exceptional and bear the burden of proof.

In...

• Format: Hardcover
• Language: English
• ISBN: 019979412X
• ISBN13: 9780199794126
• Release Date: January 2012
• Publisher: Oxford University Press, USA
• Length: 372 Pages
• Weight: 1.45 lbs.
• Dimensions: 0.9" x 6.3" x 9.3"