https://plus.google.com/+YonatanZunger/posts/RpRfF47Xyy6
"Today, I’d like to talk a bit about economics. In particular, I want to
look at why capitalism can both work amazingly well and fail amazingly
badly, often at the same time, and is such a great factory for “best of
times, worst of times” conditions. The seven-word summary is: “Free
markets work, except when they don’t.”"
It's also worth reading the discussion in the comments.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://www.xanadu.com.au/ Chief Scientist, Xanadu
http://www.glasswings.com.au/ Partner, Glass Wings
http://www.sericyb.com.au/ Manager, Serious Cybernetics