Michael King

Michael King was co-editor of The Texas Observer.

Recent Articles

Divine Commerce

One Market Under God: Extreme Capitalism, Market Populism and the End of Economic Democracy, Thomas Frank. Doubeday, 414 pages, $26.00

Some years ago, a newly minted corporate lawyer attempted to explain to me the mysterious workings of the free market. His handiest analogy for the market's just and equitable distribution of goods was the way cigarettes are bought and sold inside a prison: Unimpeded by "government" (that is, the warden), smokers purchased their addictive product and entrepreneurs accumulated their wealth. What could be more natural?