h�b```�w��*" ce`a������ ��Ѐ�[��C7��F}��m9�M`���0� Radical Markets turns this thinking--and pretty much all conventional thinking about markets, both for and against--on its head. This fascinating new book by Glen Weyl and Eric Posner, Radical Markets, begins to sketch a vision of how society might look if it adopted Magie’s second set of societal rules. Brief Summary of Book: Radical Markets: Uprooting Capitalism and Democracy for a Just Society by Eric A. Posner. ���'Z����"u�oK��B��? kG�|_�&��kN���Ky��y��~mI�JP��m��:��%Y�l�:��C�8����֦K:��h��U����/*b��O��8�n��?����W����$i����'�/LH�W��Z�놞&Kf�� �@�#�X��J���?3%�B�!�:��/��o Auctions as Radical Markets The problem stems from ideas, or rather the lack thereof. Revolutionary ideas on how to use markets to bring about fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. tral. 140 0 obj <>/Filter/FlateDecode/ID[<1CD2B6F4E6068D4B8899FDC3E9451619><40A072416713D64F9D2A047DD63B98EA>]/Index[113 54]/Info 112 0 R/Length 127/Prev 1286420/Root 114 0 R/Size 167/Type/XRef/W[1 3 1]>>stream Radical Markets by Eric Posner and Glen Weyl a review essay by David K. Levine1 EUI, RSCAS and WUSTL 01/31/19 The world in general is becoming a better place. Glen and Eric do a deep dive into the art and science of ―Jason Furman, former chairman of President Obama's Council of Economic AdvisersTheir chapter on corporate market power raises interesting questions." h�bbd```b``I��sA$�5�dR��`Ya�� "Y��"/�� ��z0�L.��`qG�9_��C�� ɸ� ��� ,����H|] H�l��*H����hН�`�10"�?�� �>� Radical Markets turns this thinking―and pretty much all conventional thinking about markets, both for and against―on its head. The arguments of both the Right and the Left had something to offer when they originated in the nineteenth and early twentieth centuries, but today their potential is spent. It rejects and transcends the banalities and false dichotomies of the prevailing conversation, confident in the power of its ideas and of ideas generally.” “I’m finally starting to read Eric A Posner & Glen Weyl’s book Radical Markets: Uprooting Capitalism and Democracy for a Just Society. RADICAL MARKETS: UPROOTING CAPITALISM AND DEMOCRACY FOR A JUST SOCIETY A Book Discussion with E. GLEN WEYL PAnelists: AlyA GusevA / AssociAte Professor of socioloGy, Boston university cAthie Jo MArtin / Professor of PoliticAl science At Boston university AnD Director of the center for the stuDy of euroPe, Boston university JAMes reBitzer / Peter AnD DeBorAh wexler … Standards of living are rising; poverty, hunger and warfare are on the decline. 0 The solution is to rein in the market, right? I had the chance to meet Glen Weyl a few weeks ago, and I promised him that at some point, if no one had penned a critique of Radical Markets that I deem good enough, I would write one. Radical Markets turns this thinking—and pretty much all conventional thinking about markets, both for and against—on its head. Our ability to communicate, to learn, to entertain and to be entertained are increasing at a phenomenal rate. Unlike in a board game played with monopoly money, the stakes in this societal game could scarcely be higher and the importance of this book could scarcely be greater.”"This is free market thinking but not as we know it." It’s nothing short of a guidebook for how to protect liberal democracy.
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