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Markets are everywhere; they areat the coreofWestern social philosophy. This book addresses the questions of why they exist, how they came into being and how they are made and maintained, and provides a detailedanalysis ofthis little-examined area of economics. John Lepper challenges the traditional view thatmarkets are costless and 'natural', instead asserting that markets are made and unmade artificially, often with political motivation. The application of mercantifer theory is used to solve some of the well-known difficulties that can arise when applying market forces to economies. It is contended that the outcomes of mercantifers are the result of forces unrelated to preferences and rational action.