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There is the erroneous belief today that markets are sacred and can do no wrong. 'Market failure can never happen and only the 'purest' form of capitalism can succeed. Sadly this belief will lead to catastrophe in time. A good book to read is 'The Collapse of Western Civilization ' - A View From the Future' by Naomi Oreskes and Eric Conway (2014) A great little book- that in fact now has become all the more plausible.
Toggle Commented Feb 11, 2017 on PIOMAS February 2017 at Arctic Sea Ice