Share
From this page you can share Nobel Prize Sees What Market-Fundamentalists Don't to a social bookmarking site or email a link to the page.| Social Web | |
|---|---|
Nobel Prize Sees What Market-Fundamentalists Don'tThe reality-based community got a little boost recently with the announcement of the 2007 Nobel Prize in economics. Three Americans, Eric Maskin, Roger Myerson and Leonid Hurwicz, shared the honor for their work in mechanism design theory, which studies under what conditions markets work well or don't. Sneak preview: They do better with private than with public goods. The very idea that markets are imperfect at some things may come as a shock - or even sacrilege -to true believers in the cult of the market god. | |
Twitter
StumbleUpon
Facebook
Delicious
Digg
Newsvine
Google
Yahoo
Technorati