On Free Lunches, and Free Markets

May 31, 2014


Remember that  hackneyed  Economics, Friedmanite, maxim  that goes :'there's no such thing as a free lunch'?
How could you not?

It’s cited ad nauseam in virtually all media - not least by those who have had nothing but free lunches /gratis dinners all their lives.


You know  of whom I speak: the kind who bail out banks  -  and then cut food -stamps,  in the name of  austerity.

Well, the times have turned the tables on that little junket of political  casuistry:
For now, today, there is a new, far more indisputable, mantra afoot, inspired by the more news-worthy exploits  of  Wall Street.
Here it is: and note it well, for the Media may not post it on prime-time.

There is No Such Thing as a Free Market.


 Thus do we live - and learn (leastways, some of us).

R. Kanth, Copyright ©February 2014


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