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" "An old fairy tale has it that science began with the rejection of superstition. In fact it was the rejection of rationalism that gave birth to scientific inquiry. Ancient and medieval thinkers believed the world could be understood by applying first principles. Modern science begins when observation and experiment come first, and the results are accepted even when what they show seems to be impossible.
John Nicholas Gray (born 17 April 1948) is an English political philosopher with interests in analytic philosophy and the history of ideas. He retired as School Professor of European Thought at the London School of Economics and Political Science. Gray contributes regularly to The Guardian, The Times Literary Supplement and the New Statesman, where he is the lead book reviewer.
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While the Marxist faith in central planning is now confined to a few dingy sects, a quasi-religious belief in free markets continues to shape the policies of governments.<p>Many writers have pointed to the havoc and ruin that have accompanied the imposition of free markets across the world. Whether in Africa, Asia, Latin America or post-communist Europe, policies of wholesale privatisation and structural adjustment have led to declining economic activity and social dislocation on a massive scale.