Tag Archives: Alan Greenspan
A Flaw in the Model
The election of Donald Trump was due, in no small part, to the abject corruption of our elite. In my last post, I examined An Economic Theory of the Criminal Law, where 7th Circuit Judge Richard Posner states that the poor require … Continue reading
Posted in neofeudalism, neoliberals
Tagged Alan Greenspan, An Economic Theory of the Criminal Law, animal spirits, Ayn Rand, banana republic, Democrats, Education/Industrial/Complex, flaw in the model, John Maynard Keynes, looting, magical belief system, military industrial complex, mortgage-securitization process, Naked Capitalism, neoliberalism, neoliberals, not a bug but a feature, Republicans, Richard Posner, student-loan-securitization process, Yves Smith
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Cult Studies
There is a new book entitled: Ayn Rand Nation: The Hidden Struggle for America’s Soul, by Wall Street reporter Gary Weiss, coming out this week. Ayn Rand created a cult of followers, including former Federal Reserve Chairman Alan Greenspan, around a … Continue reading
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