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THE TRUE MEANING OF ADAM SMITH’S ‘INVISIBLE HAND’

When I still had my company, I thought about that a lot about what would it take to get the economy back to what it was 40 years ago.  One must remember first that it took 170 years to get it to its f… more →

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THE TRUE MEANING OF ADAM SMITH'S 'INVISIBLE HAND'

feet2thefire wrote 1 year ago: When I still had my company, I thought about that a lot about what would it take to get the economy … more →

Tags: Adam Smith, Milton Friedman, Globalization, free market stupidity, laisse-faire, Goods and Services, The Wealth of Nations, The invisible hand, trickle-down

Get the banks out of the hands of private ownership — 3 comments

feet2thefire wrote 3 years ago: No feaking DUH. . . Bill Moyers | James Kwak and Simon Johnson: Banks Are an Oligarchy I LOVE Bill M … more →

Tags: Giving them hell, in general - miscellaneous, Banking, Nationalization, oligarchs, bankers, commercial banks, investment banks, Simon Johnson, Bill Moyers

Catchy Titles, The Goose That Laid The Golden Egg - and The Long Road Back

feet2thefire wrote 3 years ago: I was advised a bit ago that I needed to make great opening paragraphs, something to catch the atten … more →

Tags: 20th century history, Not exactly conspiracy stuff..., Politics, Economics, Jobs, Bean Counters, Stock Market, Unions, 1970s

An Insider Looting Party — 3 comments

feet2thefire wrote 3 years ago: What will the insiders do, when the system finally looks like it is about to blow? Reading this on N … more →

Tags: Economics, tarp, Republicans, The Fall of the Roman Empire, investment bankers, Credit Card Debt, Elizabeth Warren, Nixon, reagan


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