Governing the market:

Exploring the concept of liberty within political economy, this book examines the evolving roles of the state and market in financial markets, influenced by historical events like the South Sea Bubble and the Great Crash of 1929. It analyzes various schools of thought on liberty and debates the extent of freedom that should be granted to market participants. Through this lens, the work aims to clarify the balance between state intervention and market autonomy in the context of financial stability and crises.