It didn't miraculously reappear in the 1970's. While a lot of the New Deal was dismantled, there was still plenty New Deal regulation left by the...
And net investment was negative EVERY single year. I don't consider 25% unemployment going to 18% a "significant decrease" because 18%...
Right. Yet more proof that the biggest Ponzi schemes and most irresponsibly run insurance companies are dreamed up and run by the political...
Madoff wasn't running a fund. He was running a collection of managed accounts and managed accounts are covered under SIPC.
Oh yeah, because the men have done ever so much better!
Exactly. However, unlike other Ponzi schemes, you don't have a choice <i>not</i> to participate. The key phrase is "...as long as humans...
Holy crap, are you ever bathed in ignorance. The public market does not operate on the bigger fool theory. It is a meeting place to increase...
A.) I completely agree with Lescor B.) This is little piece seems to be a soft sell for short restrictions (academics are regulation loving...
I don't think we'll be maintaining. To maintain, production has to keep pace with population growth. With government spending crowding out...
Well said.
No, stock markets are not a Ponzi scheme. But the guy who wrote that piece is too dumb to know the difference between a Ponzi scheme and a...
One more thing about realized/unrealized gains and liquidity.... If you have the 475 election with the IRS (which trading partnerships and...
The most overvalued thing in the world is a financial journalist. He typically has no clue what he's talking about but writes authoritatively -...
What was Keynes right about?
No, I do not agree. Where do you get your economic history? The New Deal prolonged the depression for a decade. There was no recovery until...
All this clawback stuff refers to investment in a single pool like a hedge fund. That's the precedent set by Bayou. Apparently, Madoff's...
You've just made a strong but idiotic argument for no government because a government is a way of collectivizing people - creating an army of...
I agree with you. However, if someone is going to claim to "analyze the data" then this person is essentially saying that he knows more than the...
Your ignorance is vast. There's no such economic theory as "trickle-down". You would know that if you knew the very first thing about economics....
Americans are far more optimistic about their ability to earn in the future. Europeans lack that optimism. Beyond that, the government has...
Separate names with a comma.