000 01675nam a22002417a 4500
999 _c3786
_d3786
003 OSt
005 20200314120106.0
008 200314b ||||| |||| 00| 0 eng d
020 _a 9780393323719
082 _a330.122
_bMCM
100 _aMcMillan, John
245 _aReinventing the bazaar: a natural history of markets
_cby John McMillan
260 _aNew York
_bW.W. Norton
_c2003
300 _ax, 278 p. ; 21 cm.
500 _aIncluding bibliographical notes and index
520 _aJohn McMillan's Reinventing the Bazaar is an extremely accessible description of markets large and small, as well as an explanation of their underlying mechanisms. An "absolutely free market," he says, is a "free-for-all brawl," while a "real market" is an "ordered brawl." Sprinkling his analysis with hundreds of anecdotes and examples--prison camps, eBay, the American experiment with alcohol prohibition, the Tokyo fish market, and traditional Ghanaian bazaars--and pertinent quotes from the likes of Chekhov, Twain, and Steinbeck, McMillan animates his subject. Why do banks build showcase headquarters? Which "frictions" brake, and which spur, various markets? Is the "invisible hand" attached to a clothed arm? Why are both pro- and antimarket absolutists, in McMillan's view, the economics equivalent of "flat-earthers"? Is there such an animal as a "perfect" market? Reinventing the Bazaar answers these questions, and many more, in an eminently wise, entertaining, and instructive way.
650 _aEvolutionary economics
650 _aMarkets - History
650 _aCapitalism
650 _aEvolutionary economics
650 _aEconomic history
942 _2ddc
_cBK