Understanding the Privatepublic Divide - Markets, Governments, and Time Horizons

List of contents

Introduction; 1. Patient capital; 2. Corruption and integrity; 3. Plutocratic blowback; 4. Creating humans; 5. Exit from work; 6. Housing and democracy; 7. Climate change and time horizons; Conclusion.

About the author

Avner Offer is Chichele Professor Emeritus of Economic History at Oxford University, Fellow of All Souls College and the British Academy. His books include The Challenge of Affluence: Self-Control and Well-Being in the United States and Britain Since 1950 (2006) and the co-authored The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn (2016).

Summary

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.

Product details

• Authors: Avner Offer, Avner (University of Oxford) Offer, Offer Avner
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.05.2022
• EAN: 9781108791663
• ISBN: 978-1-108-79166-3
• No. of pages: 200
• Subjects: Humanities, art, music > History; Social sciences, law, business > Business > General, dictionaries; BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / International / General, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Industrial Management, Economic history, International Economics, Political Economy, Economics of industrial organisation, Economics of industrial organization