opaque market without democracy
A topic that is taking away the sleep to economists is the fact that the market economy coexists very well (maybe better) with authoritarian regimes.
Russia, China showed that it is not true that the market brings with it the spread of civil rights, indeed, as its preferred soil stability, thriving beautifully in authoritarian contexts.
Someone suggests that this will be the winning model for the century that has begun.
This "discovery" (which is not discovered, because it was already Hitler's Germany experienced the mix with great success, let's not forget that Germany was crushed, it is not centered) undermines one of the strongest reasons put forward for believing always preferable to a market economy, that was also the bearer of civil liberties.
He's also talking a lot at the festival in the economy of Trento, in those days.
http://www.ilsole24ore.com/art/SoleOnLine4/Economia% 20e% 20Lavoro/2008/05/krugman-mercato-democrazia.shtml? Uuid = 661d88d8-2e0e-11dd-b8c4-00000e251029 & DocRulesView = Free
What makes you think a lot.
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