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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Recent Comments

  • John B Grout
    Excellent piece, Josh. As for seeking others' thoughts on the pitch, here are mine: Labour and the Greens want to do things for you, the Conservatives and R...
  • David Evans
    It's an interesting article, which gives us more to think about, but when it ends with "Government and politics can strive toward this platform ... giving ind...
  • Neil Sandison
    This one of a series of articles recently published in the Liberal Democrat Voice that defines our social liberal values . Frequently the hot house of Westminst...
  • Pawel Urbanski
    This is the right problem to be working on, and I think the answer may be less about the words than about the moments. In my experience people learn what we sta...
  • Simon Robinson
    It's good to have an MP putting herself forward for this. The manifesto seems a bit vague though. All good thoughts and nothing you can really disagree with, b...