There Is Nothing Natural About “the Market”

After his death, the followers of economist John Maynard Keynes embraced the myth of a “natural” market economy that required “intervention” from the government to keep it stable. But there is nothing natural about the market — and the Keynesians’ mistake led to a withering of the radical potential of Keynes’s ideas.

Source: There Is Nothing Natural About “the Market”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s