Understanding the private-public divide : markets, governments, and time horizons / Avner Offer.
"Relying on markets alone would make for a poor, dishonest, and miserable society. Banks lend for the short term, and business has to make a profit in less time than that. It succeeds brilliantly when product life is shorter than credit maturities, in retail, consumer durables, services, and so...
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Format: | Electronic eBook |
Language: | English |
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Cambridge, United Kingdom ; New York, NY :
Cambridge University Press,
2022.
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