The way the world works, and the god that sucks

How The World Works in The Atlantic is the best article on economic theory I’ve read in ages. Granted, I don’t exactly go out of my way to read articles on economic theory, but that’s largely because most of them exhibit the blindness cataloged in this article. Certain (mostly American) economic theories have somehow taken on the aura of absolute truth. It is drummed into us that free markets always optimize; what’s best for the individual is best for everyone; protectionism is bad.