I have read a couple of good articles recently which touch on the issues of economics, markets, and society more broadly. In particular, what does economic analysis have to say for how society functions and how it should function? What are markets, and what does economics truly say about them, and how does that compare to the popularized slogans that we hear so often? How does the implementation of markets fit in with other societal goals that we want to achieve? Here are the articles that I have read recently and that I will address, to the best of my ability, point-by-point:
"What Fannie Mae and Freddie Mac Tell Us About Free Markets" - Harvard Business Review Editor's Blog
"Economics Does Not Lie" - City Journal
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