Private property rights and the resolution of externality through the market process

Detalhes bibliográficos
Autor(a) principal: Lo Turco Martinez, João Roberto
Data de Publicação: 2021
Tipo de documento: Artigo
Idioma: por
Título da fonte: Mises
Texto Completo: https://revistamises.org.br/misesjournal/article/view/1422
Resumo: This paper aims to carry out a narrative review of the market and its possible failures commonly cited in mainstream economics texts and studies that, even when they argue against state interference in the economy, justify exceptions based on market failures. So, choosing one of the most commonly cited market failures - the externalities - this paper analyzes how this problem would be solved (and even not created) by the precise definition of private property rights and by the free market through theoretical review by mainstream economics authors and the Austrian School on markets, market failures, externalities, among others. Thus, making the rationale of mainstream economics evolve by correcting it through Austrian School praxeology and show that a market solution through precise private property rights to the problem of externalities is more efficient both in avoiding it and in solving it if it occurs.
id IMB-1_12a1b4e3bfe60d24a4a98e0789805966
oai_identifier_str oai:ojs.emnuvens.com.br:article/1422
network_acronym_str IMB-1
network_name_str Mises
repository_id_str
spelling Private property rights and the resolution of externality through the market processDerechos de propiedad privada y resolución de externalidad por parte del proceso de mercadoDireitos de propriedade privada e a resolução da externalidade pelo processo de mercadoMercadoExternalidadesPropriedadeFalhas de MercadoDireitosMarketExternalityPropertyMarket FailuresRightsMercadoExternalidadPripriedadFallos del MercadoDerechosThis paper aims to carry out a narrative review of the market and its possible failures commonly cited in mainstream economics texts and studies that, even when they argue against state interference in the economy, justify exceptions based on market failures. So, choosing one of the most commonly cited market failures - the externalities - this paper analyzes how this problem would be solved (and even not created) by the precise definition of private property rights and by the free market through theoretical review by mainstream economics authors and the Austrian School on markets, market failures, externalities, among others. Thus, making the rationale of mainstream economics evolve by correcting it through Austrian School praxeology and show that a market solution through precise private property rights to the problem of externalities is more efficient both in avoiding it and in solving it if it occurs.Este artículo tiene como objetivo hacer una revisión narrativa sobre el mercado y sus posibles fallas comúnmente citadas en los textos y estudios de economía dominante que, incluso cuando argumentan en contra de la interferencia del Estado en la economía, justifican excepciones sobre la base de fallas. Por lo tanto, destaque una de las fallas más comúnmente citadas, como las externalidades, este artículo analiza cómo este problema se resolvería (e incluso no se crearía) mediante la definición precisa de los derechos de propiedad privada y por el libre mercado a través de una revisión teórica por parte de los principales autores económicos y la Escuela Austriaca sobre mercados, fallas de mercado, externalidades, entre otros. Por lo tanto, se puede desarrollar el razonamiento económico convencional corrigiéndolo a través de la praxeología de la escuela austriaca y mostrar que una solución de mercado a través de derechos de propiedad privada precisos al problema de las externalidades es más eficiente tanto para evitarlo como para resolverlo si ocurre.Este trabalho tem como objetivo estudar o processo de mercado e suas possíveis falhas comumente citadas nos textos e estudos de economia mainstream que, mesmo quando argumentam contra a interferência estatal na economia, justificam exceções com bases nestas supostas falhas. Então, escolhendo uma das falhas mais comumente citadas – as externalidades - este trabalho analisa como este problema seria resolvido (e até mesmo não criado) pela definição precisa de direito de propriedade privada e pelo livre mercado por meio de revisão teórica de autores da economia mainstream e da Escola Austríaca sobre mercados, falhas de mercados, externalidade entre outros. Assim, pode-se evoluir o raciocínio da economia mainstream corrigindo-o por meio da praxeologia da Escola Austríaca e mostrar que uma solução de mercado por meio de direitos precisos de propriedade privada para o problema das externalidades é mais eficiente tanto em evitá-la como em solucioná-la caso ocorra.Instituto Mises Brasil2021-12-20info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistamises.org.br/misesjournal/article/view/142210.30800/mises.2021.v9.1422MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 9 (2021): Special IssueMISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 9 (2021): Edición temáticaMISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 9 (2021): Edição Especial2594-91872318-0811reponame:Misesinstname:Instituto Mises Brasilinstacron:IMBporhttps://revistamises.org.br/misesjournal/article/view/1422/718Copyright (c) 2021 MISES: Interdisciplinary Journal of Philosophy, Law and Economicshttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessLo Turco Martinez, João Roberto2021-12-20T11:55:47Zoai:ojs.emnuvens.com.br:article/1422Revistahttps://revistamises.org.br/misesjournalPRIhttps://revistamises.org.br/misesjournal/oairevista@mises.org.br2594-91872318-0811opendoar:2021-12-20T11:55:47Mises - Instituto Mises Brasilfalse
dc.title.none.fl_str_mv Private property rights and the resolution of externality through the market process
Derechos de propiedad privada y resolución de externalidad por parte del proceso de mercado
Direitos de propriedade privada e a resolução da externalidade pelo processo de mercado
title Private property rights and the resolution of externality through the market process
spellingShingle Private property rights and the resolution of externality through the market process
Lo Turco Martinez, João Roberto
Mercado
Externalidades
Propriedade
Falhas de Mercado
Direitos
Market
Externality
Property
Market Failures
Rights
Mercado
Externalidad
Pripriedad
Fallos del Mercado
Derechos
title_short Private property rights and the resolution of externality through the market process
title_full Private property rights and the resolution of externality through the market process
title_fullStr Private property rights and the resolution of externality through the market process
title_full_unstemmed Private property rights and the resolution of externality through the market process
title_sort Private property rights and the resolution of externality through the market process
author Lo Turco Martinez, João Roberto
author_facet Lo Turco Martinez, João Roberto
author_role author
dc.contributor.author.fl_str_mv Lo Turco Martinez, João Roberto
dc.subject.por.fl_str_mv Mercado
Externalidades
Propriedade
Falhas de Mercado
Direitos
Market
Externality
Property
Market Failures
Rights
Mercado
Externalidad
Pripriedad
Fallos del Mercado
Derechos
topic Mercado
Externalidades
Propriedade
Falhas de Mercado
Direitos
Market
Externality
Property
Market Failures
Rights
Mercado
Externalidad
Pripriedad
Fallos del Mercado
Derechos
description This paper aims to carry out a narrative review of the market and its possible failures commonly cited in mainstream economics texts and studies that, even when they argue against state interference in the economy, justify exceptions based on market failures. So, choosing one of the most commonly cited market failures - the externalities - this paper analyzes how this problem would be solved (and even not created) by the precise definition of private property rights and by the free market through theoretical review by mainstream economics authors and the Austrian School on markets, market failures, externalities, among others. Thus, making the rationale of mainstream economics evolve by correcting it through Austrian School praxeology and show that a market solution through precise private property rights to the problem of externalities is more efficient both in avoiding it and in solving it if it occurs.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-20
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistamises.org.br/misesjournal/article/view/1422
10.30800/mises.2021.v9.1422
url https://revistamises.org.br/misesjournal/article/view/1422
identifier_str_mv 10.30800/mises.2021.v9.1422
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistamises.org.br/misesjournal/article/view/1422/718
dc.rights.driver.fl_str_mv Copyright (c) 2021 MISES: Interdisciplinary Journal of Philosophy, Law and Economics
http://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2021 MISES: Interdisciplinary Journal of Philosophy, Law and Economics
http://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Instituto Mises Brasil
publisher.none.fl_str_mv Instituto Mises Brasil
dc.source.none.fl_str_mv MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 9 (2021): Special Issue
MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 9 (2021): Edición temática
MISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 9 (2021): Edição Especial
2594-9187
2318-0811
reponame:Mises
instname:Instituto Mises Brasil
instacron:IMB
instname_str Instituto Mises Brasil
instacron_str IMB
institution IMB
reponame_str Mises
collection Mises
repository.name.fl_str_mv Mises - Instituto Mises Brasil
repository.mail.fl_str_mv revista@mises.org.br
_version_ 1798313179728576512

Registros relacionados