10 of 12 people found the following review helpful
3.0 out of 5 stars
the invisible hand writ large, 6 Sep 2013
This book is written by a leading member of the Adam Smith Institute, so unsurprisingly you get the full blast of free market ideology. Pirie likes to use folksy similes to describe how free markets work, but I can't see what a Chinese cormorant fisherman and global capitalism have in common in the real world. Basically, everything would be hunky-dory if those pesky governments would stop interfering with the market. He might well have a point in a perfect world, but we all know, at least since 2008, that markets do not work because greedy people get in the way. So I can't see why the 99% shouldn't influence the markets, the same way as the greedy 1% do all the time. You need to read this book with a considerable degree of cynicism, bearing in mind that you are taking on board a potentially lethal ideology for some. Oh, apparently there is no poverty really, it's just some people haven't generated enough wealth!