A market characterized by oligopoly is not a free market. A market characterized by oligopoly is a few small steps removed from full blown fascism. The american auto and bank industries are fine examples.
A market characterized by oligopoly is not a free market. A market characterized by oligopoly is a few small steps removed from full blown fascism. The american auto and bank industries are fine examples.
Another call to open the borders, if you truly care about the truly poor.
Paul Krugman is desperate for answers; in Fifty Herbert Hoovers, he asks how we got here, (“here”, of course, being a severe recession) and offers the typical Keynesian stimulus prescription to get us out of here, and back to a more prosperous time and place. After all, we didn’t suddenly become less productive, did we? Think about it … Our capacity hasn’t been diminished; our workers haven’t lost their skills; our technological know-how is...