Talk:Market (economics)

Framework

I have set up a framework for an article that readers could use as an introduction to the concept and as a gateway to a range of more specialised articles. Comments and contributions are invited. Nick Gardner 09:30, 26 October 2010 (UTC)

Needs for links for political articles; at least standard terminology

In current popular American political discourse, the "market" is thrown about as an ideal, but there are serious oversimplifications. While, all too often, the word is simply a talisman and little thought goes into its meaning, my own thought is that a "free market" is ideally a "perfect market", with the counterintuitive idea that it is usually necessary to have some independent oversight to avoid market manipulation, insider information, etc. The current financial markets deviate from classic assumption on value, and the supply and demand of real goods and services is subordinated to short-term value of (at best) common stock and probably at worst, exotic financial instruments.

Should the tragedy of the commons be here?

Howard C. Berkowitz 07:54, 29 October 2010 (UTC)

Thanks for the reminder. We are of like mind on this, and I intend to take in your points as I struggle through the drafting - but they may not be fully covered until I get to the paragraph on policy implications.

Nick Gardner 10:07, 29 October 2010 (UTC)