""The question âstate or markets?â is poorly posed. The dichotomy between âintervention - state - planning - equityâ and âlaissez faire - private sector - market - efficiencyâ stems from inappropriate consequential reasoning: the state can be inequitable and the market inefficient. Debates about primacy should end: state and market are complementary - not substitutes. Whenever governments and markets have worked well together, the results have been spectacular: âmoon landingâ is the most quoted, quintessential example"."
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Alessandro Magnoli Bocchi
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