What if we thought of marketcraft (market governance) as a core government function comparable to statecraft? And what if we sought to optimize market governance rather than to minimize government intervention?
In the past year we’ve seen a number of mentions to the maladies that neoliberalism and globalization have brought upon…
After the Austrian economist Friedrich Hayek, Milton Friedman was perhaps the most influential advocate of free-market capitalism in the Cold War era. This article examines how Friedman bolstered the image of capitalism by focusing only the its positive dynamics while also marginalizing its destructive dynamics.