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The Face you were Afraid to See

The Face you were Afraid to See
The Face you were Afraid to See
Our Price: Rs. 150.00

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Book Specifications

SKUID
:
G-550
ISBN
:
9780143068273
Published Year
:
2009
Author
:
Amit Bhaduri
Publisher
:
Penguin Books
Book Condition
:
Used Good
Condition Note
:
This used book is in good condition.
Book Binding Type
:
Paper Back
Language
:
English
No. of Pages
:
194
Dimensions
:
19 x 12.5 cm
Availability
:
In Stock

Book Description

Economists talk of process rising or falling in response to an excess of demand or supply in the market, but are at a loss to explain who sets the price in a market of many players where no one has the power to dictate price. They then have to invent the 'invisible hand' if a mythical god called 'price mechanism' to create the image of the market operating as a self-regulating system. While unregulated free trade amounts to groping in the dark, the situation is far worse when the peice and other rules of the market are set by the state on behalf of large corporation - as has happened in globalizing India in the name of economic development.