The the  Article “The nature and necessity of a mixed economy” and answer the following questions

1. What is a mixed economy?
2. What is Petr’s argument for a mixed economy?
3. What are his criteria for a successful economic systems? How does this differ from Clark’s
criteria for evaluating economic systems? Do you agree with the criteria? (be specific) Why or
why not?

4. What has changed since 1987?
5. Do you agree with Petr’s assessment of a mixed economy? Is it still relevant?