Celebrating humanity's flourishing through the spread of capitalism and the rule of law
29 Jan 2016 Leave a comment
in economics
A superb piece by Louis Rouanet which sums up quite the core of philosophy of market economics.
One of the most important debate in economics is state vs markets. There is little doubt that most economists are on the side of markets. The oft quoted phrase in economics is let the markets work. But what is this market? How does it work?
Rouanet says well markets is the people:
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