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The influence of the level of freedom on the degree of market failures in selected countries - the problem of poverty

Author

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  • Maciej Ryczkowski

    (Nicolaus Copernicus University)

Abstract

The article presents that a freedom itself cannot solve the problem of poverty. It turns out that freedom is not a sufficient condition. Some countries are good example that sometimes freedom is not even a necessary condition. Freedom itself is not enough to assure high standards of living and it is not enough to avoid market failures.

Suggested Citation

  • Maciej Ryczkowski, 2010. "The influence of the level of freedom on the degree of market failures in selected countries - the problem of poverty," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 6(1), pages 387-402, December.
    • Handle: RePEc:cpn:umkeip:v:6:y:2010:i:1:p:387-402
    DOI: 10.12775/EiP.2010.027
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    More about this item

    Keywords

    market failures; economic freedom; poverty;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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