Occupation: Professor Birth: October 5, 1952
Globalization, meaning the global expansion of a market economy, is the only way we can guarantee widespread prosperity and peace. A lot of nations a….
Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them in….
You can't have a market without government, because governments create the rules of competition and enforce fairness in the markets, and they build t….
Markets, and the way they operate can't be frozen in time and place. A dynamic economy that is growing and increasing material well-being for a large….
I want to get away from "It's either government or the market." That's a false dichotomy..
I think liberals have to come to terms with the market and embrace market mechanisms as the only way to run a society that produces widespread materi….
For me, liberals are people who seek to use government to promote the general welfare..
The United States, after all, was founded by men of liberal sentiment who were seeking to promote the greatest good for the greatest number, by creat….