Browsing All posts tagged under »invisible hand«

Voodoo economics, journalism & human rights

January 7, 2011

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It is time we all stopped bowing down at the altar of voodoo economics and acknowledged that our world is in crisis. And that this crisis is a consequence of adherence to an almost religious belief that “the market” is some sort of sane and sensible mechanism; that the mystical “invisible hand” mentioned by Adam Smith is a reality.

Voodoo economics, journalism & human rights

January 1, 2011

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(First published:  February, 2006) It is time we all stopped bowing down at the altar of voodoo economics and acknowledged that our world is in crisis.  And that this crisis — not of shortages, but of gluts — is a consequence of adherence to an almost religious belief that “the market” is some sort of […]

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Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

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