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