Previous Chapter Chapter 8: Conclusion

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Conclusion
Conclusion

Today, more than at any other time in human history, markets dominate our lives. We rely on markets to supply an enormous range of things, including food for our tables, shelter over our heads, child care for our sons and daughters, and a comfortable retirement. The markets that rule our lives, moreover, are increasingly globe spanning. More than ever, the things we purchase in markets were produced in faraway places. More than ever, events in distant financial markets can have an immediate and tangible impacts on our lives, as we see the stock market go up or down, our retirement portfolios grow or shrink, and our employment prospects wax or wane.

As markets have penetrated more and more areas of our lives, there has been ...

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