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It is the function of a market to equate demand and supply through the price mechanism.
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According to Pullman this is simply the normal functioning of a market "operating as markets do without regulation".
These results highlight the important role market managers play in ameliorating these market failure problems and ensuring the effective functioning of a market.
I argue that these programs restructure TDR primarily as an incentive rather than its theoretical function of enabling a market in support of managed growth.
"The function of a stock market was to raise capital for industry.
Could this recent experience be a fluke, a function of a bear market more severe than any since the Great Depression?
The function of a bear market is to readjust valuations to fit reality, and that process isn't finished.
The economic way of thinking and the functioning of a modern market economy.
Regulatory certainty is, however, an essential pre-condition for the effective functioning of a modern market economy.
You cannot tell countries to pull government support for agriculture when there is little infrastructure set up to allow for the functioning of a free market.
This book combines theology, economy and philosophy in order to examine in detail the idea that the functioning of a free market economy depends upon sound cultural and ethical foundations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com