1) that markets are efficient |
2) that capitalism can be deregulated effectively |
3) that government intervention is inefficient |
4) that the goal of firms is to seek competitive advantage |
5) that it is supply rather than demand that matters |
6) that reliance on monetary policy can cure depressions |
7) that the probability of extreme events can be ignored |
8) that aggregate risk can be diversified away |
9) that the financial sector creates wealth |
10) that the concern of globalization should be growth not distribution |
11) that world growth rates years are sustainable indefinitely |