The classical stage of the formation of economic sociology is the stage of its theoretical preparation, the formation of the initial methodology: the principles of analyzing real processes from the point of view of the relationship between the economy and society, the development of categories necessary to describe and explain these relationships. This stage (the […]
Tag: conclusion
Imperfect Competition Theory
The English economist A. Pigou at the beginning of the XX century came to the conclusion that the monopolization of the economy and external effects can seriously disrupt the impact of competition on the efficiency of the economic system. The result is a discrepancy between individual and public interests, a decrease in the level of […]