The Market System What it is, How it Works and What to Make of it Charles E. Lindblom

In this work a political scientist seeks to offer a jargon-free introduction to the market system, for all readers with or without a background in economics. He assesses the character, rules, advantages and shortcomings of the institution co-ordinating modern economic and social life.

Charles E. Lindblom is Sterling Professor Emeritus of Economics and Political Science at Yale University. His prize winning books include inquiry and Change: The Troubled Attempt to Understand and Shape Society, published by Yale University Press and Politics and Markets: The World's Political Economic Systems.