11. Creating a Market - Not a Frankenstein

  1. James R. Flynn

Published Online: 8 AUG 2012

DOI: 10.1002/9781118314999.ch11

How to Improve Your Mind: Twenty Keys to Unlock the Modern World

How to Improve Your Mind: Twenty Keys to Unlock the Modern World

How to Cite

Flynn, J. R. (2012) Creating a Market - Not a Frankenstein, in How to Improve Your Mind: Twenty Keys to Unlock the Modern World, Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781118314999.ch11

Publication History

  1. Published Online: 8 AUG 2012
  2. Published Print: 27 JUL 2012

ISBN Information

Print ISBN: 9781119944768

Online ISBN: 9781118314999

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Keywords:

  • the market and its church;
  • a market, Not a Frankenstein, treating as it wills;
  • concepts of economics, virtues/limitations of market;
  • the market and racial profiles;
  • rational actors, using race as a information-bearing trait;
  • market, and affirmative action;
  • concept of a market, futile, unless something in the real fits;
  • concept of a market, in not forbidding a protection racket;
  • law of supply and demand, a price for every tradable item

Summary

This chapter contains sections titled:

  • The Market and Racial Profiles

  • What is Money?

  • When Does a Market Exist?

  • Selecting Who Can Participate: Free Trade?

  • Selecting Tradable Goods, Services, and Information

  • Prices, Costs, Income, and Profits

  • References