Commentary
The word “market” is usually associated with the stock market or perhaps a farmers’ market. This is a truncated view based only on what we see or hear reported in the financial press. The market in the real world is a vast collaborative effort involving exchange relationships all over the world, designed by no one in particular, to serve material needs and thus affects the whole of our lives.
For most of our lives we never imagined that the market could fundamentally fall apart. For decades, the complexity and reach of market forces have only grown, resulting in the biggest prosperity boom for the many in the history of the world. Everything has been there for us….