Neither Gargantuan nor Lilliputian, but Quasimarkets are Nevertheless Just That -- Quasi --- Often Small, Deformed and Despised

|Peter Boettke|

Peter Leeson, Chris Coyne and I have a new paper discussing the debate over Quasimarkets in the context of the discussion of the political economy of local public economics.

Bottom line: what is wrong with quasi-markets is their quasi-ness, not their market-ness.

 

Comments

[Richard Ebeling]

For the "young people" -- who, I understand, have an aversion to watching old black-and-white movies -- the picture, above, is of Charles Laughton playing Quasimodo in "The Hunchback of Notre Dame" (1939), the movie based on Victor Hugo's novel.

Richard Ebeling

[Hume]

Completely off topic, but hoping for a little help. Do you have any recommendations for pieces arguing against Karl Polanyi's The Great Transformation? I would greatly appreciate the help.

[Mario Rizzo]

A picture pun. How clever!

[John]

Hume: you might try the Hejeebu and McCloskey piece in Critical Review circa 1999 - it's a pretty effective critique