Markets, State and Democracy: Lessons from the Economic Crisis

The libertarian model asserts that heavy state intervention in the economy is a threat to human liberty. But the recent history of market-based democracies has shown almost the reverse. The supposedly “small-state” model of the US has instead opened the door to massive inequalities of income, wealth and power.

Government & CommunitiesAbigail KramerDecember 3, 2009businesses, democracy, economic influence, economy, Henry Cohen Lecture, income, inequalities, inequality, Jeffrey Sachs, policies, politics, power, public policy, state, wealthComment