Further Autopsies on the Market System

The siege against the market system, or more accurately, against its sustaining folklore, grows stronger, “end of ideology” or not. With the appearance of David BazeIon’s The Paper Economy (Random House; $6.95), it undergoes an assault a notch more devastating than J. K. Galbraith’s The Affluent Society of six years ago. One might marvel nowadays at the system’s durability in the face of its near-unanimous rejection by our best economic theorist...