This is something I'm thinking through. I teach a number of economic and political economy classes at NYU and have to seriously address issues dealing that abstraction "market".
Markets Fail
By Anthony J. Pennings
Markets fail
That is why we have Government
Governments fail
That is why we have Democracy
Democracy fails
That is why we have Journalism
Journalism fails
That is why we have Education
Education fails
That is why we have Intellectuals
Intellectuals fail
That is why we have Research
Research fails
That is why we have Markets…
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