Saturday, May 29, 2010

Neoliberalism and Market Reforms: the Debate

An outstanding post by Scott Sumner (The Money Illusion), titled Fallacies of the left and right. First sentences:

« I’ve been surprised how much discussion has occurred in response to my neoliberalism post. Perhaps that was because Paul Krugman responded. In any case, I’d like to briefly discuss what I regard as some fallacies of the left and right on the subject of market reforms. »

An absolute must read on economic prosperity and economic systems.

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