The Limits of the Market

The Limits of the Market The pendulum between government and capitalism

Paul De Grauwe

New edition of Paul De Grauwe's international standard work after the corona crisis Must read with policy suggestions for anyone concerned about our economy and public health After the corona crisis, the demand for cooperation between government and the free market is more essential than ever

Will the corona crisis bring about a new turning point in the balance of power between the free market and the government? Will we get a restriction of the free market and will the state take back power?

Core problems such as health, climate change and growing income inequality illustrate the inevitable external and internal limits of the market.

Only the government seems to be able to offer a solution. But the state, too, will collide with its limits and in turn pave the way for a comeback of the market.

Professor Paul De Grauwe is an internationally renowned top economist. He teaches at the London School of Economics and before that at the University of Leuven (KU Leuven), was a.o. visiting professor at the University of Amsterdam and became Doctor Honoris Causa at the University of Maastricht. He was a Belgian member of parliament and, among other things, a consultant to European Commission President Barosso. He is, among others, a columnist for The Financial Times.

Updated edition after COVID19

140 x 210 mm | 240 pages | ca. 45,000 words paperback | all rights available

French, English, Italian and Bulgarian rights sold Today, our misfortune is to be caught between ineffective governments and failing markets. We need an intelligent guide to this new territory. One of Europe's leading economists, Paul De Grauwe, is such a guide.

– Martin Wolf, chief economic commentator at the Financial Times