We are not smart enough to leave things to the Market. (via Dead Wild Roses)

I haven’t read the book, but I’m sure it should be required reading.

We are not smart enough to leave things to the Market. As I am often told by my free market indoctrinated friends the market will solve societies problems, if….(insert the big whingy diatribe about government interfering here) it was just left to its own devices. A sample of the pap I usually hear, coherently summarized by Mr.Chang and his book I happen to be reading right now. “We should leave markets alone, because, essentially, market participants know what they are doing – that is, they are rat … Read More

via Dead Wild Roses

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  1. Thanks for subscribing Diane. I see we’re both fans of The Arborist! That’s a real favorite of mine.

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