About this document
Economic Liberalism in Political Economy by Faith Luberas is a document available to read on EtoBox.
Economic liberal theories are based on assumptions about human nature and institutions. They assume individuals are rational and self-interested actors who desire freedom. Liberals believe free markets arising from voluntary exchange and private property allocation allow resources to be distributed efficiently through supply and demand without coercion. Well-functioning markets promote economic growth, welfare, and peace. Liberals want to limit the state
- Author
- Faith Luberas
- Language
- EN