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Tuesday, February 08, 2011

The Market's Creed

I believe in the market, the coordinator almighty, creator of equilibrium and efficiency.
I believe in laissez faire, its only Son, our Lord.
It was conceived by the power of the Holy Mandeville and born of the Virgin Smith.
It suffered under socialist heresy, was crucified, died, and was buried.
It descended into the planned economy. On the third decade it rose again.
It ascended into the post-war boom and is seated at the right hand of the Father.
It will come again to judge the profits and the losses.
I believe in the Rational Markets Hypothesis,
The holy electronic exchange, the communion of entrepreneurs,
The forgiveness of greed,
The resurrection of the underpriced,
And profits everlasting.
Amen.

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