Aleksa's Book Review: Marketcraft

Right off the bat, the book's title is a misnomer. One would assume the book is an attack on classical liberal and decentralising normative arguments - but this isn't the case. The book does straw-man the arguments of the Chicago and Austrian schools, but that's fine. The insights contained in the book are worth swallowing a few razors.

Essentially, the book examines the failure of government regulators and private actors, primarily in the financial field leading up to the 2008 crash. Attention is given to the difference between deregulation (defined as the lack of regulations) and the deferring of regulation to the private sector - which the book writes of in a positive light.

Definitely a solid read, akin to "Darwin Economy" - a book that ignores the classical liberal normative statements (which it accepts as true), and rather goes for a how-to approach to how regulation can happen with a government or no. Also mentioned is governance by contract, always a plus in my book. Definitely give it a read if you're into the rule of law.
8/10