Hay Player

John Kay talks to James Ledbetter

The Truth About Markets

Hay Festival 2003, 
The economist examines the relationship between socieities and markets. How do they work? Why do they work? Why are they better than alternative systems of organizing economics? And why, sometimes, do they fail so catastrophically? He talks to James Ledbetter of Time magazine, the author of the engaging dot.com autopsy Starving to Death on $200 Million.