Tag Archives: free market

Naomi Oreskes: All good myths have a kernel of truth. The other title: MAGA: You’ve been played. In her book: The Big Myth, How American Business Taught us to Loathe Government and Love the Free Market she researched the history of the source of the position and ideology of “Free Market” capitalism void of regulation. It came out of her work researching big tobacco and climate change for her book: Merchants of Doubt. The short of the...

Something is funky with our comment function. They are showing up at the WP site, just not showing here today. Though, sometimes you might see them, then not. So, leave a comment. We’ll get it happening. By now, you are aware that the problem Texas is having is because they failed to build their system to withstand cold/winter weather. That is the mechanical reason for their problem. Of course, this leads many to assume that as soon as it...

The rhetoric of ‘free markets’ is misleading. I certainly agree with this last point, as does anybody who (like me) has spent some time as an economic regulator (the UK Competition Commission in my case). Modern economies are highly regulated, and that goes for the Anglo-Saxons as much as anyone else. The Enlightened Economist Free’ markets Diane Coyle | freelance economist and a former advisor to the UK Treasury. She is a member of the UK Competition Commission and is acting Chairman of...