Concept information
Preferred term
markets and economic theory
Definition
- This entry introduces the basic aspects of the institution of the market, describing its normative significance and basic functions. It then proceeds to examine the controversial relationship of markets to the distribution and consumption of public goods and concludes by raising some critical points. [Source: Encyclopedia of Philosophy and the Social Sciences; Markets and Economic Theory]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/markets_and_economic_theory
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}