Nearly everyone complains about capitalism’s defects, or market failures. In fact, those are social failures, not specifically market failures, which show up when many rational individual actions create a social situation that displeases everyone. This means that government dirigisme — state direction or displacement of the market — cannot be a remedy because who do you think staffs the government and how do they get there? A big difference between the two systems — market and state — is that while the market diminishes social defects, the government magnifies them.
The Spirit of ’68 and ’89 found at a Sunday market
Most Sunday’s, weather allowing, I set up a mobile comic book shop at local open air markets. I have done it for the good part of a decade, in doing so you make unique friendships with people who you may only see every so many Sundays over the years, you might not...
































