Understanding The Private-Public Divide: Markets, Governments, And Time Horizons

A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.

• | By (Author): Avner (University Of Oxford) Offer
• | Publisher: Cambridge University Press
• | Publication Date: Apr 07, 2022
• | Country of Publication: United Kingdom
• | Number of Pages: 200 pages
• | Language: Unknown
• | Binding: Softback
• | ISBN-10: 1108791662
• | ISBN-13: 9781108791663