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The Invisible Hand?

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The Invisible Hand?

By Bas van Bavel

This book offers a radical departure from the conventional wisdom of economists and economic historians by showing that factor markets and the economies dominated by them—the market economies—are not modern, but existed at various times in the past. They are not always rising, but after some time they stagnate and decline again. They are not uniform, but consist of very different combinations of institutions embedded in very different societies...Read more


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