The IPL, involving the socialist principle of a salary cap and the protectionist mechanism of quotas, is not perhaps the best example of a market left flourishingly to its own devices and dynamics.
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About Gideon Haigh
Gideon Haigh was Australian journalist and non-fiction author. Gideon Clifford Jeffrey Davidson Haigh is an Australian journalist and non-fiction author who writes about sport, business and crime in Australia. He was born in London, was raised in Geelong, and lives in Melbourne. Read more on Wikipedia →