UNIVERSITY OF THESSALY
2nd International Conference on Economic and Social History
"Markets" and Politics
Private interests and public authority (18th-20th centuries)
Volos, 10-12 February 2012
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Abstracts
- Yorgos Stassinopoulos Markets and politics or markets without politics: expunging politics from the economy in modern western economic thought
The relationship between market and politics always holds a central place in economic literature. The recent bibliography, in contrast to the classical approach, and incorporating in its analysis basic economic categories, such as scarcity, costs, maximization principle etc., regards that the logic of power enters to the economic sphere through politics and incomplete institutional arrangements, and thus distributional questions and the limitation of political action's province could be achieved through rules and norms that limited the intrusive governmental activity and define the spaces that each sphere, political and economic, can carry on its own activities.
