We live, now more than ever before, in a world made of markets. How do they work? Why do they work? Why are they better than alternative systems of organizing e

Britain's leading economic columnist explores the nature of market economies, what makes them dynamic--and what limits their power.

INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book

Examines the nature and evolution of the market economy.

The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has c