This is, well, shallow propagandising guff. It promotes an agenda but diverts criticism with mythologising illusion.
Markets fail in various ways. Should we just let that happen? -- and just have 'faith' in the wonder of 'freedom' etc.? As Stiglitz says, a common reason why 'the invisible hand' is invisible is because it is not actually there.
Markets fail in various ways. Should we just let that happen? -- and just have 'faith' in the wonder of 'freedom' etc.? As Stiglitz says, a common reason why 'the invisible hand' is invisible is because it is not actually there.