Free markets are not to be blamed for the Great Recession. On the contrary, its origins rest upon the deep government and central bank intervention in the economy. Through fraudulent mechanisms, this causes recurrent boom and bust cycles: bad policies create phases of irrational exuberance, which are then followed by economic recessions, a result [...]
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I’m a big fan of Howlin’ Wolf, the legendary blues man from Mississippi (1910-1976). His recordings of “Smokestack Lightening”, “Back Door Man”, “Little Red Rooster” have become part of the American songbook. What I like about him is his sheer, raw, powerful, very big voice. He was a man and sounded like it. At 6’6″ [...] This article comes from the City Journal, a publication of The Manhattan Institute. “Greed Is Not Good” By Nicole Gelinas A new film takes the measure of post-millennial Wall Street. 28 October 2011 Using a tool that earnest Zuccotti Park protesters lack—precision—first-time writer and director J. C. Chandor has produced a devastating critique of pre-2007 [...] OVERDOSE: The Next Financial Crisis This movie on the causes of the financial crisis was produced in Sweden by Henrik Devell, directed by Martin Borgs, and narrated by Johan Norberg, a Senior Fellow at Cato Institute, and a prominent libertarian and frequent guest on Stossel. It is very professionally done and entertaining. You can see [...] David Mamet has apparently been “outed” as a conservative. Actually he came out with a book: Hats off, indeed. Now Mr. Mamet has written a book-length, raucous coming-out party: “The Secret Knowledge: On the Dismantling of American Culture.” (If only the Voice editors had been around to supply a snappier title.) Hear him take on [...] |
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