Understanding the Private-Public Divide - Offer, Avner (University of Oxford)
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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.

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Produktbeschreibung
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.
Autorenporträt
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).