Yes, of course markets fail but then so, for very much the same reasons plus others, do governments.

As a minor example, those who insist upon planning seem not to understand, umm, planning.

One reason might be the paucity of explanation and depth we get from the public service broadcaster.

Do we really think that government, for example, knows more about the car industry than Toyota?

Does Will Hutton know how to run a business....or even a charity?

A most amusing and not entirely mad method of dealing with current problems.

And finally, a bank run in cyberspace.