Let the Economy Cycle
Let the Economy Cycle
Author(s): Guy SormanSubject(s): Economy
Published by: Přítomnost
Summary/Abstract: A market economy functions on the basis of creative destruction. Companies conceive various technical and financial innovations; some succeed, others fail. In this perfectly natural and necessary purifying process, the market itself decides which financial products contribute to economic growth and which ones do not.
Journal: The New Presence
- Issue Year: 2008
- Issue No: 2
- Page Range: 5-5
- Page Count: 1
- Language: English