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Archive for the ‘Alternate Economic Philosophies’ Category

Michael Hudson on How Banks Really Make Money

Posted in Alternate Economic Philosophies, Banking, Lauded Sources, tagged , on December 23, 2009 | 1 Comment »

In the modern Sarah Palin / Milton Friedman US culture, Michael Hudson is a Communist because he opposes the consolidation of power and the mistreatment of the non elite. These ideas can get you kicked out of the nicer cocktail parties in this country. Michael Hudson In an era when most economists are content to [...]

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Union Facts is a Farce

Posted in Alternate Economic Philosophies, False Fronts on June 19, 2009 | Leave a Comment »

False Front Specialist The website unionfacts.com is a false front, or AstroTurf organization that refuses to reveal its funding. Their website is essentially a web of lies, not even misrepresentations, simply lies about unions. All the old stereotypes persist on this site. They have everything except a clip from Goodfellas. This is one of the [...]

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The Real Reason for Boom and Bust Cycles

Posted in Alternate Economic Philosophies, Economic Bubbles, Economic Conspiracy, Mortgages, tagged on April 29, 2009 | Leave a Comment »

According to the power elite, a casino economy is important for our economic well-being. One moment investment bankers are taking home astronomical bonuses, the next the ceiling falls in. This is called having a “dynamic” economy. If you disagree with this you either lack a PhD in economics or are a communist. We are told [...]

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Finance Industry as Welfare Queens

Posted in Alternate Economic Philosophies, Bailout, Inequality, Mortgages, tagged , , on March 16, 2009 | Leave a Comment »

As Noam Chomsky once said. “Adam Smith’s A Wealth of Nations is one of those books you are supposed to worship, but not read.” I don’t understand. Ever since I was small I was told that Adam Smith’s idea of everyone looking out for their best interests lead to the best long term good. Man [...]

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Why Understanding Basic Economics Is Simply Unpopular

Posted in Alternate Economic Philosophies, Deliberately False Financial Information, Economics on January 31, 2009 | 2 Comments »

I write a number of blogs. What is interesting is the fact that this blog is so unpopular. Currently, in close to a year and a half in existence, this blog has a little over 1000 hits. 1000 hits over that period of time is very small. Furthermore, this blog has 77 posts in it [...]

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Independent Thinking Not Evident in Finance

Posted in Alternate Economic Philosophies, Economic Bubbles, Economic Regulation, tagged , , on December 15, 2008 | Leave a Comment »

We found this post from Dean Baker extremely timely and interesting. What it points to is that we have a financial industry which is dedicated to creating asset bubbles, getting involved in more and more complex financial instruments, all of which have little bearing on producing real value. As for our advanced education system, it [...]

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Unquestioned Capitalism

Posted in Alternate Economic Philosophies, Economic History, Economics, Globalization, Inequality, Media Corruption, Tax Evasion, tagged , on January 11, 2008 | 3 Comments »

Introduction The term capitalism is often applied as a blanket term that connotes a positive view on any structure that concentrates economic power. Unknown to many that use the term, all economies are mixtures of capitalistic and socialistic structures, regulations and social programs. A free market solution is not applicable to many if not most [...]

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