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Salient. Newspaper of the Victoria University Students' Association. Vol 42 No. 7. April 9 1979

[Introduction]

Thousands of students are instructed each year in such a way that they are lead to perceive the economy as satisfying, efficient and perfectly viable, just so long as the "market" is the principle a11ocative device and the government implements those "limited" technical policy measures necessary to ensure stability. But are these principles relevant in today's economies? It seems that many eminent economists think not. Students in the ECON 101 class wanted to hear more of these "alternative" theories, and it appears that they may be in with a chance.