Competition, Coordination and Diversity

Competition, Coordination and Diversity

From the Firm to Economic Integration

New Thinking in Political Economy series

Pascal Salin

Competition, or the freedom to enter into a market, contributes greatly to the differentiation of human activities and therefore to economic progress. This fascinating book highlights the similarities between human systems at both the micro and macro level, and demonstrates how competition can positively affect the economic workings of firms and countries.

Chapter 4: Property rights, competition and the European Union

Pascal Salin

Subjects: economics and finance, austrian economics


Linking together concepts such as property rights, competition and the European Union may seem strange. However, it makes sense because, in fact, these concepts are at the very roots of European problems. By focusing on property rights and competition, we are induced to direct our attention towards the real actors of the integration, namely individuals. Property rights cannot be separated from individuals and if we really want to understand and to evaluate the process of European economic and social integration, we have to go back to the foundation of this problem, which means caring about property rights.

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