1.18.2010

It's Not The Market, It's The Response

A new book is on the way called Economics Do Not Lie: A Defense of the Free Market In A Time of Crisis cautions us to not abandon free market policies in times of economic distress.

A blurb from the cover:

During the current crisis, it’s crucial to recall the unprecedented benefits that free markets have brought to global economics. Since the public sector gave ground to market capitalism, beginning in the early 80s, the results have been breathtaking. The opening of economic borders and the promotion of free trade in Europe after 1990 contributed to the reconstruction of Eastern Europe and lifted 800 million people out of poverty across the globe.

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