The capacity and incapacity of the Market
2012-07-29
A good account of the marker mechanism, involving vivid depiction of primitive flee market in Africa, the cyber business and something else. Undountedly it consisted of keen promotion for the free market, but the author pointed out the shortcomings which can be mediated by the hand of government as well.
The most ingenious part of this book would be how to build up a market out of nowhere, like the traded emission market, to achieve political goals.