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You searched for: label/unfettered markets

Market Capitalism

…for a purpose, in response to a need. Markets shouldn’t be created just for the purpose of selling something. These days, market surveys can accurately measure demand. What about markets

Industrial Policy

…highly inefficient industries lacking in innovation and dynamism, since protected local markets curtailed incentives to domestic entrepreneurs to maintain international competitiveness. By the 1990s, it became clear the most successful…

Industrial Policy

…manufacturing sectors. In the end, the results of these policies were highly inefficient industries lacking in innovation and quality. The protected local markets curtailed incentives to domestic entrepreneurs to maintain…

Paul Volcker Feb.20

…aspect of capitalism, which I will call relatively unbridled financial markets operating on a global basis, has broken down. And it has broken down in [such a] way that I…