Economic Freedom as Political Virtue: An Insight from the Perspective of Value Pluralism

Citation

Andriychuk O (2010) Economic Freedom as Political Virtue: An Insight from the Perspective of Value Pluralism. European Journal of Legal Studies, 3 (1), pp. 129-144. http://www.ejls.eu/7/93UK.pdf

Abstract
First paragraph: Historically market failure is seen as a condition where reliance on the spontaneous order does not deliver optimal results for the economy. Thus, it is a situation where a distribution of goods and services in the economy is conducted inefficiently. In other words, the successfulness of the market process is seen from a perspective which is external to the market process itself. The argument of this paper is that the market process should be evaluated as independent economic freedom.

Journal
European Journal of Legal Studies: Volume 3, Issue 1