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 ‘SEC’
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 Real Reason for Boom and Bust Cycles
Posted in Alternate Economic Philosophies, Economic Bubbles, Economic Conspiracy, Mortgages, tagged SEC 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 [...]
Final Stages of Financialization
Posted in Bailout, Deliberately False Financial Information, Economic History, Media Corruption, tagged CEPR.net, Michael Hudson, SEC on April 21, 2009 | Leave a Comment »
When the Elite Take Over We have reached the final stage of this process – when the financial economy has very little to do with the actual economy. In this model, the financial economy is simply subsidized to continue to exist in its enlarged state. The original concept of the banking and financial system was [...]
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. [...]
F-22 is The The Least Effecive Type of Stimulation Spending
Posted in Economics, Videos, tagged SEC on April 14, 2009 | Leave a Comment »
The F-22 burns through fuel and taxpayer money at a massive rate. The military has no idea what to do with this plane, but Lockheed wants to keep building it, not because it has any military value, but because it is a “great way to create jobs.” Remind us not to go to Lockheed when [...]
Unconstitutional Fed Makes International Banking Cartel Happy
Posted in Banking, Currency, Economic History, Economics, Misleading Financial Institutions, Videos, tagged Alan Grayson, CEPR.net, Goldman Sacks, Henry Paulson, Hoover Institute, Ron Paul, SEC on April 13, 2009 | 1 Comment »
What would you do if you learned that your government had outsourced its central banking function to a private company? Furthermore that this company had only a loose affiliation to the government, and that the government have very little oversight into this entity both in terms of controlling its behavior and being able to see [...]
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 [...]
Michael Hudson Hits It Out of the Park on The Bailout
Posted in Bailout, Economics, tagged Dean Baker, Goldman Sacks, Michael Hudson, SEC on February 12, 2009 | Leave a Comment »
When will people begin listening to the right economists. There is an army of economists out there which work for concentrated power and that are consistently wrong. They are called “Chief Economist” and work for this or that corrupt power structure. Meanwhile, two of the very best are Michael Hudson and Dean Baker are no [...]
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