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On Free Lunches, and Free Markets

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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