Wednesday, March 09, 2011

David Brooks More Suspicious of Free Market

David Brooks is just about the only conservative columnist that I can stomach. Brooks is a thinker. He's reasonable. He never uses hyperbole to make a point and he never engages in name calling. He's got a new book out, The Social Animal, which is queued up on my Kindle.
In an NPR interview, Brooks said his research has made him more suspicious of the free market:
Brooks finds himself much more suspicious of the free market after his research into the social nature of relationships, and sees the financial system less as an Ayn Rand-type vision of rational individuals, but instead as several groups of people competing and collaborating with each other. The most successful groups, he says, are the ones who take turns having a conversation and are good at signaling each other.

"The free market produces a lot of wealth, but it's embedded ... in a series of understandings. And if you don't have those relationships, then people can't thrive in that free market," he says. More at NPR, one of the most fabulous news sources out there.