@taskmaster4450le's thread

While looking over the newsevents/features section of the University's website, I found an interesting article marking the seventieth anniversary of the book, The Great Transformation, by Karl Polanyi, the well known economic historian. Polanyi's work sought a middle ground between the political and social philosophy of Hayek and the economic philosophy of Keynes by proposing that society was a fusion between the nation state and market economy, rather than existing in a form dominated by one or the other. Polanyi believed that a "market society" was invented by man and developed organically as a result of human behavior.