TY - BOOK ID - 6914747 TI - Merits and limits of markets PY - 1998 SN - 3540644466 3642722121 3642722105 9783540644460 PB - Berlin Springer DB - UniCat KW - Privatization KW - Competition KW - Markets KW - Capitalism KW - Individualism KW - Congresses KW - Congresses. KW - AA / International- internationaal KW - 330.50 KW - Economische en sociale stelsels: algemeenheden. KW - Public markets KW - Commerce KW - Fairs KW - Market towns KW - Economische en sociale stelsels: algemeenheden KW - International economics. KW - Philosophy. KW - International Economics. KW - Philosophy, general. KW - Mental philosophy KW - Humanities KW - Economic policy, Foreign KW - Economic relations, Foreign KW - Economics, International KW - Foreign economic policy KW - Foreign economic relations KW - Interdependence of nations KW - International economic policy KW - International economics KW - New international economic order KW - Economic policy KW - International relations KW - Economic sanctions KW - Privatization - Congresses KW - Competition - Congresses KW - Markets - Congresses KW - Capitalism - Congresses KW - Individualism - Congresses UR - https://www.unicat.be/uniCat?func=search&query=sysid:6914747 AB - The 1997 Symposium of the Egon-Sohmen-Foundation, which gave rise to this book, took place in the United States, on the East Coast between New Y C)rk and New Haven, more precisely in Stamford (Conn.). The original choice had been a place close to Yale University, where Egon Sohmen taught economics from 1958 to 1960, subsequent to his period at MIT. But the hotel in New Haven was closed down by a new owner-to pass through a process of creative destruction. Change of ownership-on a large scale and as a transition from public to private hands-had been the topic of the preceding Egon Sohmen-Symposium (in Budapest in 1996) published under the head ing: Privatization at the End of the Century (Springer-Verlag, 1997). Yet mere change of ownership, some of us at the Foundation felt in subsequent months, was too narrow a focus to properly deal with the movement under consideration: a transition of ownership together with a general move towards a competitive market system charac terized by global openness, uncertainty, decentralized risk-bearing, and the increasing importance of information and innovation. ER -