Réflexions sur l’instabilité et la résilience des économies de marché: le temps retrouvé

Jean-Luc Gaffard

Regards croisés sur l'économie, 2021, vol. n° 29, issue 2, 96-104

Abstract: The intrinsic instability of market economies stems both from the irreversibility of investments and from uncertainty about future technologies and preferences, which are all markers of time in the economy. The resilience of these economies is the result of institutional mechanisms relating to the governance of firms, the organization of finance and public intervention, which allow the different actors to project themselves into the long term.

Date: 2021
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