Posner’s New Book and Free Markets

In light of our discussion a few weeks ago on Posner and libertarianism, this review of A Failure of Capitalism is illuminating. posner1

As the author, Marcus Baram, points out, Posner seems to have changed his tune significantly over the last few months, recognizing a larger role for government intervention in markets.  In other words, Posner seems to be softening his libertarianism.

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