Another fine example of deregulation. I am sure Reagan and Friedman are very proud right now. Why Deregulation is Grand Conservatives think deregulation is a great idea. In fact, I cannot remember a single conservative supporting regulation. After all, government needs to get off of people’s backs, especially the backs of wealthy political donors like BP. In [...]
Archive for the ‘Economic Regulation’ Category
The BP Disaster: A Conservative Model of Deregulation
Posted in Economic Regulation on May 8, 2010 | 2 Comments »
The Problem with Milton Friedman – Compendium
Posted in Economic Bubbles, Economic Regulation, Economics, tagged Milton Friedman, SEC, Nobel Prize, Naomi Klein, Larry Summers on April 30, 2009 | 3 Comments »
Professor Friedman felt both that corporations had no business spending money for social good, and that business should not be regulated, because all regulation would eventually be captured by business interests. What type of world would this result in we wonder? Of the posts on this blog, those related to Milton Friedman seem to be [...]
The Hoover Institute is a Front for Stanford’s Political Views
Posted in Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, Think Tanks, tagged Stanford, Hoover Institute, Donald Rumsfeld, SEC on April 17, 2009 | 8 Comments »
Behind Stanford’s pleasant exterior is a facist political agenda which is evidenced by their funding and hosting of the Hoover Institute. Hoover is both directed Stanford (although they deny it) and is a false front for Stanford and other wealthy patrons who have a very undemocratic streak. In an earlier article we noted that Hoover [...]
Is Google a Monopoly?
Posted in Economic Regulation, Economics, Monopoly, tagged Google, Microsoft, Goldman Sacks, SEC on April 16, 2009 | Leave a Comment »
Understanding Monopolies Our last post on monopolies gathered good reader interest, so we thought we would delve into the topic of monopolies a bit more. The question many people ask is “Is Google A Monopoly?” For some reason, this seems of more interest to many people that asking say…if Bank of America is a monopoly. [...]
How Much Can Obama Do Before He Would Be Assasinated?
Posted in Currency, Deliberately False Financial Information, Depression, Economic Regulation, Mortgages, Political Responsiveness, Videos, tagged Goldman Sacks, Obama, Henry Paulson, Larry Summers, Citibank, Money Creation on April 13, 2009 | 2 Comments »
There was a huge focus on change during the Obama presidential campaign. However, after being elected, Obama had the opportunity, or at least the perceived opportunity to bring in fresh blood into the senior posts. However, Obama decided to select the same people from previous administrations. This was extremely concerning, particularly for the cabinet positions [...]
Why Corporation Love Monopolies
Posted in Economic Regulation, Economics, Monopoly, tagged SEC on March 28, 2009 | Leave a Comment »
Monopoly..the favorite game of corporations. When not playing it, or trying to become a monopoly, they like to get onto television shows talking about how much they love free markets.Why Discuss Monopolies? Of the people that visit this blog, a large percentage of them arrive at it through a single keyword “monopoly.” This is surprising [...]
Nobody Actually Reads Adam Smith and A Wealth of Nations
Posted in Deliberately False Financial Information, Economic History, Economic Regulation, Economics, tagged Adam Smith, SEC, Conservative Values on March 27, 2009 | 9 Comments »
Who Was Adam Smith? Adam Smith was an economist who lived in the 1700s in Scotland had a great influence on economics through the writing of his book The Wealth of Nations. This book is quoted frequently by business majors and by conservatives as an explanation for how to setup an economic system. His most [...]
Stanford Lowers Itself by Having the Hoover Institute
Posted in Corrupt Economists, Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, tagged Milton Friedman, Stanford, Hoover Institute, Donald Rumsfeld, Enron, SEC, Slavery on February 5, 2009 | 4 Comments »
The Hoover Institute has little to do with serious scholarship, and more to do with neo-con and ultraconservative ideology. Their research is clearly doctrinal and people with independent minds interested in real economics would be good to ignore the Institute’s ‘findings.” Real economists do perform research for them, but when they do, it is to [...]
Lets Please Stop Giving the Nobel Prize for Economics
Posted in Economic Regulation, Economics, tagged Milton Friedman, Nobel Prize, LTCM on January 20, 2009 | Leave a Comment »
The Flawed Awarding to Milton Friedman The Nobel committee in economics has made some serious errors over the past several decades. One of the greatest gaffes of all time was awarding the prize to Milton Friedman. As extremist and irrational a supporter of elite power as an Islamic fundamentalist, Friedman’s supporters (mostly concentrated power) has [...]
Walking Away from Mortgages
Posted in Banking, Deliberately False Financial Information, Economic Regulation, Investment Advice, Mortgages, Real Estate, Videos, tagged CEPR.net, Henry Paulson on January 15, 2009 | 2 Comments »
(picture from http://boicemail.blogspot.com/2007/05/may-7-2007-newsletter.html) While banks are begging for and getting money to cover their losses, what has been must less discussed is whether homeowners will be offered debt relief. Henry Paulson, the Secretary of the Treasury has stated that the number one thing the government can do for the average American is “stabilize the banking [...]