| Acknowledgements 1. The amazing world of markets A trip to the market No words, but mutuakbenefit Markets are everywhere Nobody's perfect Time, place and trust Who? What? Where? Why? Unorganized order Markets are a force for good Getting resources to their best use 2. How specialization and exchange make us rich Markets weren't born yesterday Money makes the world go round oblong Exchange is natural Why we exchange so much Collaboration through.., disagreement Specialization and efficiency The huge productive power of specialization Specialization makes you slicker Capital accumulation The spiralling success of specialization 3. The instant messaging system of price Price is an instruction as well as a fact Buyers, sellers and market prices X marks the (perfect) spot Now the bad news The impossibility of perfect information The market is a discovery process Help me, information The instant messaging of price Our unintended genius Price eliminates waste Markets are only human It's hard to find good stuff The costs of doing a deal 4. Killing the messenger Zen and the art of price maintenance Soldering up the price mechanism Wage and price controls Controls mess up the market Distorting price through subsidy That o1' black market …… 5. The driving force of competition 6. The rules of the market 7. Market failure (and government failure) 8. The morality of the market 9. How to grow a market Index |
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