Tag Archives: markets

Anthony Hawkes

A short history of the market

By Anthony Hawkes | Tue 28th May 2013 - 3:02 pm

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. …

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Posted in Humour | 39 Comments
David Thorpe

Opinion: the state should harness the power of markets

By David Thorpe | Sat 23rd April 2011 - 3:51 pm

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 …

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Posted in Op-eds | Also tagged , , and | 27 Comments
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Recent Comments

  • Tristan Ward
    “Let’s start by arguing that the economic benefits of the Single Market far exceed having to accept freedom of movement into the UK, and take it from there....
  • Chloe
    'Needless to say the poorest in British society paid the price for this' I remember canvassing , the poorer the area the less interested they were. Membership ...
  • GWYN WILLIAMS
    A balanced and fair assessment of the Senedd campaign. Unlike in Scotland, Wales has not as yet polarised into for and against Independence camps. The Welsh Lib...
  • Jana
    The logic of this article is that we should be rejoining the Single Market. That is different from signing up to complete political Union by joining the EU. ...
  • Pawel Urbanski
    Good piece, Tom. I would just split it into two things 1/ The principle: someone living off their assets should not pay less tax than someone living off a wage...