world's stock markets and financial institutions. The enormous
practically unkowable virtual economy of financial derivatives
enhances the risks of a systemic crash." --John Gray, False Dawn: The Delusions of Global Capitalism, Granta
Books? 1998, pg. 198.
Global laissez faire? Is this from another dimension?
Hi Chu-hua Zhu, it isn't--Gray's book, which I recommend you read cover to cover, shows quite clearly that there has been a tendency towards global laissez faire over the last 40 years, and this is a destabilising influence.