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“If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?”
 
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Tags: Assurance | Capitalist | Clearly | Did | Efficiency | Exist | Existed | Extended | Far | Future | Infinitely | Into | Markets | Required | Stability | System | These
 
Author details
 
 
Joseph E. Stiglitz
 
Nationality:   American
 
Date of Birth:   Feb 9, 1943
 
Profession:   Economist
 
 
 
 
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