Introduction: Understanding markets and states
Pt. I. Things to (re)consider. Milton Friedman got it wrong: politics is at the heart of capitalism ; Free markets ad wealth (re)considered
Pt. II. The role of the state in creating market capitalism. The very political roots of market capitalism: embracing individual achievement and vanity ; Manias and the philosopher's stone: the road to wealth and regulated money
Pt. III. Making markets work in practice: the state in action. War made the state and the state made war How medieval organized violence led to mercantilism, middle-class bargains, and market capitalism ; Toward "freer" international trade ; America's post-World War II grand liberal strategy
Pt. IV. States and modern markets: from political money to Wall Street socialism. From Keynes to deregulation and exploding capital flows ; An empire of debt: violating Adam Smith's laws of nature? ; The deregulation game ; From deregulation to the mother of all bailouts.
