History Is On The Side Of The

History Is On The Side Of The Regulators.

People 'over-produce' Pollution Because They Are Not Paying For The Costs Of Dealing With It.

Democracy And Markets Are Both Fundamental Building Blocks For A Decent Society. But They Clash At A Fundamental Level. We Need To Balance Them.

Democracy Is Acceptable To Neo-liberals Only In So Far As It Does Not Contradict The Free Market.

Gore Vidal, The American Writer, Once Described The American Economic System As 'free Enterprise For The Poor And Socialism For The Rich'. Macroeconomic Policy On The Global Scale Is A Bit Like That. It Is Keynesianism For The Rich Countries And Monetarism For The Poor.