Dynamic Markets and Conventional Ignorance

Dynamic Markets and Conventional Ignorance

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A market economy is the only mechanism that can create jobs, distribute wealth, spur economic growth, and stabilize the economy for all. However, the current American market economy is not working - it is helping the q1%q instead of distributing wealth and yet simultaneously convincing the q99%q that this market is the only way to create jobs. The current unchecked system allows those wealthy few to qsteal the American dream, q as Hedrick Smith claimed. In order for the United States to grow the economy, the current system must first be modified to level the playing field, and then must be used to develop the market system's originally intended purpose: improving the quality of life for all. In this follow up to From a Market Economy to a Finance Economy, Samli reflects on his more than half a century of economic experience and research, maintaining that financiers, the government, and many decision makers in both politics and the economy, do not really support the qfree market.q He puts forth key ideas for using the market mechanism correctly to benefit all Americans.customer satisfaction. ... which includes the companya#39;s innovation hub, its customer service center, and NCRa#39;s new headquarters in Atlantic (Engardio 2009 ). ... Samsunga#39;s website lists about 134 phone models and Apple has only two. In factanbsp;...

Title:Dynamic Markets and Conventional Ignorance
Author: A. Coskun Samli
Publisher:Palgrave Macmillan - 2014-01-16

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