Tag Archives: markets

A short history of the market

As world conquests go, this was pretty impressive. While there were dark muttering about Islam taking over the world, neo-liberalism went ahead and did it in less than 50 years. It used the tools of an organised religion. If you wanted to be part of it, you had to forswear all others and commit yourself to a belief in the mystical powers of the Market. You could not question the powers of the Market, despite any evidence to the contrary, and discussion could only take place if both parties took the magical powers that flow from the Market as fact. …

Posted in Humour | 39 Comments

Opinion: the state should harness the power of markets

The story of Adam being enticed to take the apple by Eve is not merely an amusing insight into the human condition, its an example of the very first market at work.

Markets work on the principal that people respond to stimuli, economics tries to ascertain what those stimuli are, and what the impact of those stimuli on the wider community are.

The idea that the government, can or should, protect certain sectors of the economy from the market is a fallacy.

While I don’t agree with the Coalition’s (or indeed Labour’s) policy on University funding, the argument occasionally made, that charging fees …

Posted in Op-eds | Also tagged , , and | 27 Comments
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  • expats
    For those in favour of the status quo.. How will the increasing spending on the triple lock be paid for in the long term? The two parties most vociferous in it...
  • Chloe
    Let's get away from the myth of DLR driverless trains..There's a qualified driver in the cab at all times who takes control when the computer makes a demand. Th...
  • Dan Carr
    I commend you Christian for noting what you personally plan to do rather than calling for government regulation to enforce the maintenance of your preferences. ...
  • Jack Meredith
    @Matt (Bristol( WOW, you literally did call it!...
  • PM
    @ Mick, We agree that the triple lock should be maintained . We disagree that the burden should fall mainly on the younger generation. This is what your " w...