Masaccio: Markets & Regulation

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Jay Ackroyd

Jay Ackroyd

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Masaccio is the nom de blog for Ed Walker, former Securities Commisioner for the State of Tennessee.  He and Jay Ackroyd discuss the nature of markets and their role in a mixed economy.  "Market solutions" have become an objective for policy makers, both conservative and centrists,which is entirely wrong. Markets are policy tools,not policy goals.Moreover,there are no "free markets."  Markets can only arise within a framework of complex regulation. There is no more regulated marketplace than securities markets.

One of a series of exporations of income inequality, economics and public policy, the 1%, plutocracy, income distribution, wealth distribution

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