Financial Times FT.com

An unruly phenomenon in constant need of social control

Published: March 12 2009 02:00 | Last updated: March 12 2009 02:00

From Mr Richard D. North.

Sir, Martin Wolf writes that “another ideological god has failed”, and as a result “the legitimacy of the market will weaken” (“Seeds of its own destruction”, March 9). However, much of the rest of his article was about how important it is now to avoid a retreat from markets into nationalistic state meddling.

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