{
    "href": "/post/2011/04/03/the-social-operating-system-for-free-markets/",
    "relId": "2011/04/03/the-social-operating-system-for-free-markets",
    "title": "The Social \"Operating System\" for Free Markets",
    "author": "pmjones",
    "markup": "html",
    "tags": [
        {
            "href": "/tag/economics/",
            "relId": "economics",
            "title": "Economics",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        },
        {
            "href": "/tag/liberty/",
            "relId": "liberty",
            "title": "Liberty",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        }
    ],
    "created": "2011-04-04 02:12:49 UTC",
    "updated": [
        "2011-04-04 02:12:49 UTC"
    ],
    "html": "<blockquote>\n<p>It turns out that free markets are not just an absence of government intervention, or even a simple and clear set of rules.  Liberal market economies require a huge amount of what you might call \"software\" to run:  not just a good legal system, but respect for the law; not just a central bank, but consensus about the central banker's role; not just unrestrained trade, but a shared set of assumptions about what sorts of trades are fair; not just penalties but trust; not just anti-corruption laws, but a society that demands corruption cease, rather than attempting to use it to get around inconvenient but necessary rules.</p>\n</blockquote>\n<p>via <em><a href=\"http://www.theatlantic.com/business/archive/2011/02/doing-business-in-iraq/71097/\">Doing Business In Iraq - Megan McArdle - Business - The Atlantic</a></em>.</p>\n"
}
