All this is unbearably superficial and poorly analysed, as these arguments omit everything that could be used to refute them. However, this kind of argumentation is used all over the book, essentially to make us believe that free markets (the Johns) are very good for society and therefore when things go wrong is certainly because of the Peters (the politicians trying to regulate markets). Everyone with minimum intelligence could counter-argue that John might have been and probably was the one responsible for the accident! An intelligent person would want anyway to know more about the circumstances of the accident, which are not provided in a sufficient detailed way so that conclusions can be considered supported by evidence. Obviously Peter is responsible for the accident because I already told you that John is a good driver. He has an accident when Peter is in the car, who has been admonishing against excessive speed.

He knows how to drive very well, and so he drives very fast. For example, if I argue that: John is driving a car. What is particularly irritating about this book is that it uses unbelievably redundant and circular argumentation. It is because of them that economics has gained a reputation of being an unethical, ridiculously self-aggrandising, and thick-headed discipline. We all know that there is a certain class of economists that believe in these principles in the same way that fundamentalists believe in certain religious principles. Economists are therefore in possession of sacred knowledge, while politicians in their infinite stupidity insist on interfering with free markets, therefore spreading mayhem. It is precise, infallible, and deterministic in its infinite wisdom.

2.Ğconomy is a science comparable to physics or chemistry. Any attempt to interfere with the laws of free markets can only result in terrible consequences for society. This book is a particularly boring attempt to brainwash the reader into believing that: 1.ğree markets are capable of optimising all sorts of economic relations among people and companies.

Basic economics 5th edition