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May 12 2011

17:26

Economists and Democracy by Dani Rodrik - Project Syndicate

Raised on textbooks that obscure the role of institutions, economists often imagine that markets arise on their own, with no help from purposeful, collective action. And, once we recognize that markets require rules, we must next ask who writes those rules. http://www.project-syndicate.org/commentary/rodrik56/English
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