Roger FarmerDecember 14, 2014 at 9:13 AM
Thanks for you comments Nick. ( Rowe )
. I agree with everything you said.
Much of the history of capitalism is about the development of stabilizing institutions
(you cite the central bank but there are many others)
that prevent the market system from exploding.
-----------------
See its market systems fault
Not firms
In particular not capitalistic all firms
Errrrrr
Or is it ?