Theoretical and Applied Economics (Sep 2010)
State versus Market. Some arguments to surpass the “mirror approach”
Abstract
The State, viewed as an exponent of constraint, in opposition to the Market, free by definition, represents the tough nucleus of the theoretical space dedicated to the State in the economic science. What we intend in this paper is to discover how, when looking for the “right measure” of the State’s involvement in economy - the State versus Market “mirror approach” - has conquered the economists, and to bring some arguments to look forward for a new approach, believable when the economic-financial crisis brings back under discussion the State-Market polemic, and suitable for the “multi- level governance” reality.
