Internal Market Economics.

Position:The Economic Studies Shelf - Brief article - Book review

N. Dean Meyer

NDMA Publishing

3-B Kenosia Avenue, Danbury CT 06810

9781892606310, $28.00,

A market economy is an economy in which decisions regarding investment, production and distribution are based on supply and demand, and prices of goods and services are determined in a free price system. The major defining characteristic of a market economy is that decisions on investment and the allocation of producer goods are mainly made through markets. This is contrasted with a planned economy, where investment and production decisions are embodied in a plan of production. In "Internal Market Economics: Practical Resource-Governance Processes Based On Principles We All Believe In", successful entrepreneur and businessman N. Dean Meyer offers a 369 page compendium of instructive commentary laying out a series of basic...

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