Gordon Brown thinks that markets (and this this context he really means the financial markets) must reflect society’s values which include fairness, stewardship and co-operation. He is wrong on both counts, Markets actually never reflect society’s values, but operate on a value system of their own. All markets have to be competitive, uncooperative and only [...]
Filed under: carbon offsetting, gordon brown, tax | Tagged: markets, Royal Bank of Scotland, Fred Goodwin, private jet, co-operation in markets, Chrisp Street, council tax lost, metric measures | 1 Comment »