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Failure of the market, state and economics from the perspective of the financial crisis

Author

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  • Janina Godlow-Legiedz

    (University of Lodz)

Abstract

The perennial conflict between the supporters of market solutions and interventionism is based on contrasting the market with regulation. The aim of this article is to analyze the opportunities and threats faced by alternative regulation mechanisms from the perspective of the crisis in the global economy, as well as to give an account of contemporary economics from this angle.

Suggested Citation

  • Janina Godlow-Legiedz, 2010. "Failure of the market, state and economics from the perspective of the financial crisis," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 6(1), pages 167-182, December.
    • Handle: RePEc:cpn:umkeip:v:6:y:2010:i:1:p:167-182
    DOI: 10.12775/EiP.2010.012
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    More about this item

    Keywords

    market failure; state failure; regulation; financial crisis;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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