I will admit that watching that Tory, Tory, Tory" series on BBC a few weeks back I was indeed impressed by the way the IEA etc did try to promote and educate the public in the economic bases behind the monetarist theory, and that was a good thing.

And I don't dispute that JK's interventionist ideas versus the consumer power of the free market do not fit with my argument.

But there is still far too much mystery behind economics. And the monetarists and free marketeers are just as responsible for that.

But I chose "Maney: Whence it came, where it went" specifically as it was not so much about his own ideas, but showing, through the history of something as seemingly permanent as money, how economic ideas have changed according to needs and busts the myth that there is one grand unified theory that can answer all human needs in eternity.

And we do need to ask ourselves from time to time whether the current rules are still so valid."

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