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To establishment of structure of the manufacture corresponding to requirements of members
Societies. So, from the given point of view, it is enough to clean the artificial
The barriers constraining economic freedom, and transient will go
By itself. Certainly, during re-structuring victims are inevitable: it and
Not best-selling production. But resistance of the first should be suppressed
Force of the state (it is not necessary to think that neoclassics support the weak
), and tortures of the second it is necessary to reduce the government as far as possible.
Vague and slow reforms raise transient costs. To
It is supposed to the same that political resistance to market reforms
Also demolition is easier
it at a transient course of transformation. In a word, before us full
Theoretical substantiation of "the shock scenario". Its authors believe in
"Capitalism construction" shock methods (even the English name
The shock scenario is called big bang that it is possible to translate, as "the big
Blow "). Against the formal neoclassical approach to a transformation problem
It would be possible to put forward so formal and abstract objection,
Based on the theorem about second best Lipsi and Lancaster. According to this
To the theorem, if at least in one market an optimum equilibrium status not
It is reached (for example, because of an imperfect competition or the given market
Simply does not exist that is extremely probable for transitive
Economy), advancement to an optimum in all other markets at all
It will be obligatory optimum, on Pareto, for all economy. However it
Interest more concrete arguments against a policy "represent the big
Economists appear direct opponents of neoclassics here,
Balance, they underline that economic processes proceed in
Real time and the end result strongly depends on their course
(path-dependence). Postkeynesians underline an active independent role
Money and percent as transfer link from monetary variables to the real.
The percent size is defined not by limiting productivity of the real
The capital as "the pure" neoclassical theory assumes, is, in the first
Turn, monetary phenomenon. Market interest rates reflect not
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People Icons for Vista
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Medical Icons for Vista
has been created to eliminate any misunderstanding arising while looking at a medical Web site or operating a medical software. The icons are provided in various sizes and formats.