Market bashers … might understand the claim that in some...

This is an image about 'Market bashers … might understand the claim that in some particular field,...' shared in Picture Quotes category.

Image, Market bashers … might understand the claim that in some particular field, markets
Last updated on

Market bashers … might understand the claim that in some particular field, markets required no intervention–though they’d be skeptical–but the notion that, on general principle, complex systems ran themselves just fine without benign intervention seemed like it could only be the product of a quasi-religious faith. … Of course, this gets things almost precisely backwards. It is the idea that all order must be explained by a functioning mind at the helm, not its denial, that has the closet affinity to the religious instinct.

Julian Sanchez