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 [...]
Posts Tagged ‘Naomi Klein’
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 »
The Epidemic of False Information in Economics and Finance
Posted in Deliberately False Financial Information, Economic Bubbles, Economics, Investment Advice, Media Corruption, Yield Disparity, tagged CEPR.net, DollarsandSense.org, Enron, Goldman Sacks, Michael Hudson, Naomi Klein, SEC on January 26, 2009 | 1 Comment »
Wouldn’t it be nice if deliberately misleading and biased economics and financial information released by concentrated power came with this warning label? We think now is an appropriate time point out the massive amount of false information that surrounds all of us. Here are a few of the main sources: Academics: Focuses on teaching overly [...]
History of the Federal Reserve Bank
Posted in Bailout, Currency, Economic Conspiracy, Economic History, Federal Reserve, Privatization, Videos, tagged Naomi Klein, Ron Paul, Alan Grayson on January 24, 2009 | Leave a Comment »
This absolutely excellent video series proposes, and provides excellent evidence that banking crisis of 1907, 1920 and 1930 were created by the large banks which allowed them to concentrate banking power. The income tax was passed during the great depression. These actions fall into the category of Naomi Klein’s Shock Doctrine. That is concentrated power [...]
Reverse the Bailout: Arrest and Prosecute Henry Paulson
Posted in Deliberately False Financial Information, Economics, Videos, tagged CEPR.net, Citibank, Dean Baker, Goldman Sacks, Henry Paulson, Michael Hudson, Naomi Klein, Obama on January 14, 2009 | 2 Comments »
As more information has come to light about the bailout it has become apparent that Secretary of Treasury Henry Paulson is non simply incompetent, as originally thought, but is acting in ways that are illegal and counter to the public interest. The effects of Paulson’s actions promise to negatively reverberate in this country for decades [...]
Republished from Naomi Klein
Posted in Corrupt Economists, tagged Naomi Klein on December 6, 2008 | Leave a Comment »
In Praise of a Rocky TransitionBy Naomi Klein – November 13th, 2008In a moment of high panic in late September, the US Treasury unilaterally pushed through a radical change in how bank mergers are taxed–a change long sought by the industry. Despite the fact that this move will deprive the government of as much as [...]
The Shock Doctrine
Posted in Reference Articles, tagged Naomi Klein on January 11, 2008 | Leave a Comment »
Abstract There are specific fake arguments used to undermine generally accepted standards in society. This one in particular is called the shock doctrine and is the pre-eminent strategy employed by the powerful to break down civil standards. In Naomi Klein’s The Shock Doctrine: The Rise of Disaster Capitalism. It is an important concept, and one [...]
Venice and Political Stability
Posted in Economic History, Reference Articles, tagged Naomi Klein on January 11, 2008 | Leave a Comment »
Abstract As long as the population knows little about history its easy to propose things that have never happened before (i.e. invading another country to bring it democracy). Concentrated power does not want the lessons of the city state of Venice to be understood. “Venice endured as a republic while its neighbors did not, thus [...]
Milton Friedman – Economist/Intellectual Prostitute
Posted in Economic History, Economics, Misleading Financial Institutions, Monopoly, tagged CEPR.net, Dean Baker, DollarsandSense.org, Hoover Institute, LTCM, Michael Hudson, Milton Friedman, Naomi Klein, Nobel Prize, Stanford on January 10, 2008 | 14 Comments »
Abstract There is no more damaging academic in the 20th century than Milton Friedman. His philosophies caused widespread economic problems and inequality not only in his home country but internationally as well. Milton Friedman is considered a giant of 20th century economics, and is probably the most influential economist of the past 100 years. The [...]