... has persistently grown notwithstanding Africa’s economic destabilisation through the adoption of neo-liberal economic interventions and free-market policies. This paper argues that the informal economy cannot be marginalised at the fringes of economic development, in the construction of a holistic...

... expressed in Laborem Exercens conflicts with conservative free market economists. Section two deals with the moral logic embedded in conservative economic thought and suggests how John Paul II’s vision outlined in his three encyclicals on the social question enhances this perspective. John Paul...

...Thomas O. Nitsch The author in this essay surrounds John Paul II with professional economists from the past and the present, such as Taussig, Keynes, Richard and Peggy Musgrave, and Stiglitz, all of whom have very similar reservations concerning the social beneficence of the “free market...

...Li‐teh Sun Suggests that too much market competition, like too little, hurts the US economy. Argues the case for moderate competition, where the operation of the invisible hand of free market competition is limited not only by the concern of the socio‐economic costs of competition, but also...

..., military dictatorships and income inequality, and the benefits of economic progress. Attempts to defend the view that the free enterprise analysis in these five different areas can withstand Freeman’s criticisms. © MCB UP Limited 1996 Capitalism Central government Economic growth Free market...