Democratic market control
DOI:
https://doi.org/10.5377/typ.v0i17.3474Keywords:
Economic agent, economic activity, Ludwig Von Misses, company, economic imbalanceAbstract
This article presents a critical review of Ludwig Von Mises’ postulates, starting from the need for a third economic agent to come into play to control power and to regulate the economic activity. The criteria of the liberal theory of the market are set forth in order to contrast the reality and the effects of the economic instability caused by business activity. Therefore, the article reviews the Keynesian principles of an economic balance that marks the need for a solution through the government intervention to rescue the economic system.
Teoría y Praxis Year 8, No. 17, July 2010, pp.63-75
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http://creativecommons.org/licenses/by-nc/4.0/