Post Profile

Thanks for asking

In my study of the Great Depression, I argued that the Depression could be seen as resulting from governments doing too little, or too much.  In a laissez-faire world the Great Depression would not have happened, nor would it have happened if governments took as much responsibility for AD stabilization as they do today (and [...]
read more


Related Posts

Crony Capitalism Versus “Making” Money

Business & Finance / Investing : Financial Sense

To the great economists of free trade and free markets, from Adam Smith and David Ricardo to Ludwig von Mises and Milton Friedman, capitalism meant laissez faire (“let us compete free of government help or hindrance”). To them, lais...

Sunday Morning Quotation – Ronald Coase on Laissez-Faire vs. the Ideal

Academics / Political Science : Pileus

Nobel laureate in economics Ronald Coase in “The Problem of Social Cost“: Actually very little analysis is required to show that an ideal world is better than a state of laissez faire, unless the definitions of a state of laissez fa...

Largest SOEs in the world: PetroChina Company Limited (ADR), (PTR), Petroleo Brasileiro Petrobras SA (ADR) (PBR) & Others

Business & Finance / Investing : Insider Monkey

Wondering which are the largest corporations owned by a government? Even though we live in a society, which is predominantly ruled by capitalist laws and by the so-called “laissez faire”, which means that the state government should...

Flash Fiction Contest Round 7

Arts / Writing : Writer Unboxed

Thank you to everyone who participated in round 6 of the WU Flash Fiction Contest. There were so many great stories — although I have to say that I’ve never before read so many tales of suicide, depression, death, and grief in one p...

What Can You Do When a Customer Asks You to Lower Your Price?

Business & Finance / Entrepreneurship :

What can you do when a large customer asks you to lower your price? Think it won’t happen to you? Here are some options to address this issue if you have to. The post What Can You Do When a Customer Asks You to Lower Your Price? app...


Copyright © 2016 Regator, LLC