3min chapter

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas cover image

205 | John Quiggin on Interest Rates and the Information Economy

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

CHAPTER

How Much Scope Should the Market Have?

i can imagine tinguishing between government regulations, like for workor safety, right like that, and then that seems to be fairly characterized as an intervention in the market. But underlying that thot, i certainly the distinction isn't hard and fast, that undoubtedly your right asa security is a kind of property right. So you am. The distinction can be made in different ways, but it is an important one. And and where the market works, the the scope of the market is is there? I suppose the other point, which i want to come back to, with markets leading with disillusion with markets, is the question of how much scope the market should have. Shon't

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