Paul de Grauwe, The Limits of the Market: The Pendulum between Government and Market, Oxford University Press, 2017, 192 pages

Many of my generation received their introduction to economics through two series that aired on British television in the 1970s and early 1980s. The first, The Age of Uncertainty, was written and narrated by the then-doyen of liberal economic thought, John Kenneth Galbraith. A few short years later, Milton Friedman provided the riposte from the free market right, Free