Thomas Friedman’s Quasi-Market Fundamentalism

Matt Hourihan September 16, 2011
September 16, 2011

NY Times Columnist Thomas Friedman is a frustrating guy. He is a tireless advocate for clean energy, and says he wants aggressive innovation to make clean energy competitive with fossil fuels, but continues suggesting policies that won’t drive it effectively. This persistence reflects a kind of “quasi-market fundamentalism,” that recognizes the need for the state to intervene occasionally in markets, but is blind to how radical innovation actually works.