Ding-dong, the witch is dead

Posted on December 19th, 2006 by Jackie Danicki

Claire Melamed is on her way out from Christian Aid, an organisation she made a laughingstock by using it as her megaphone to campaign for state control of markets.

Melamed was ideologically opposed to the market economy, saying that for markets for work: “everybody has to have perfect information - everybody has to know everything about what’s going on in the market and everyone has to know the same amount about what’s going on in the market.” Her preference for political planning over the market economy was most evident in her opposition to free trade and her belief that developing country politicians should pick winners.

Filed under: Individuality vs Collectivism, Law, Life, Politics, The State Is Not Your Friend

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2 Responses to “Ding-dong, the witch is dead”

  1. Pat Patterson, on December 19th, 2006 at 2:14 am Said:

    “Perfect information” is from what part of the New Testament? She reminds me of Mark Steyn’s comment about people who are against the death penalty until their eyes light up when they say, “Except…”

  2. Jon d, on December 19th, 2006 at 3:47 am Said:

    Sounds like she was attempting to restate the Efficient Market Hypothesis… But got it muddled up.