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The Nobel Prize in Economics Is a Force for Market Fundamentalism

Adam Baker / (CC BY-SA 2.0) The Nobel prize in economics, which is announced Monday, dignifies those who advocate ceding to private interests the public’s power to ensure the common welfare and legitimizes the destruction their policies create, writes Avner Offer, economic historian at Oxford and co-author of “The Nobel Factor: The Prize in Economics, Social Democracy and the Market Turn,” at The Guardian.
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