Twenty Myths about Markets

"Twenty Myths about Markets" (PDF) de Tom G. Palmer do Cato Institute, para a Mont Pelerin Society:
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1. Markets Are Immoral or Amoral
2. Markets Promote Greed and Selfishness
3. Reliance on Markets Leads to Monopoly
4. Markets Depend on Perfect Information, Requiring Government Regulation to Make Information Available
5. Markets Only Work When an Infinite Number of People With Perfect Information Trade Undifferentiated Commodities
6. Markets Cannot Possibly Produce Public (Collective) Goods
7. Markets Don’t Work (or Are Inefficient) When There Are Negative or Positive Externalities
8. The More Complex a Social Order Is, the Less It Can Rely on Markets and the More It Needs Government Direction
9. Markets Don’t Work in Developing Countries
10. Markets Lead to Disastrous Economic Cycles, Such as the Great Depression
11. Too Much Reliance on Markets Is As Silly as Too Much Reliance on Socialism: the Best is the Mixed Economy
12. Markets Lead to More Inequality than Non-Market Processes
13. Markets Can Not Meet Human Needs, Such as Health, Housing, Education, and Food
14. Markets Rest on the Principle of the Survival of the Fittest
15. Markets Debase Culture and Art
16. Markets Only Benefit the Rich and Talented
17. When Prices are Liberalized and Subject to Market Forces, They Just Go Up
18. Privatizaton and Marketization in Post-Communist Societies Were Corrupt, Which Shows that Markets Are Corrupting
19. All Relations Among Humans Can Be Reduced to Market Relations
20. Markets Can Solve All Problems without Government at All