All good points but it is Krugman’s failure to take seriously the fraud part of Black’s post. The killing of innocents was only roughly a weighted third of Black’s observations the rest were and a I quote “elites have eliminated … Continue reading
Category Archives: Rent Seeking
Gangster Capitalism: Same as it ever was?
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If you are going to read one thing and just one thing on the financial crisis and how it is working itself out you need to read this blog post at naked capitalism: the one stop shop for understanding contemporary … Continue reading
The irony of greed: The end game for Neoliberalism?
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The global economy is in the toilet and the Boomers’ representatives are chanting: “flush, flush, flush.” Me? I am eating cigarettes and wine while admiring the remarkable consistency in the myopia of all of it. In the name of fiscal … Continue reading
IIlicit money flows
Not really into re-blogging articles but this essay effectively puts money laundering and corruption into context. It is useful for explaining key processes in the ‘the web of secrecy, collusions and the players that drive and sustain the world of illicit money flows’
What is up with Jeff Sachs?
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Watch this he gets better as he goes. [youtube=http://www.youtube.com/watch?v=bCPz2SzROFQ&NR=1&feature=fvwp] I am getting less fringe everyday. Tweet
Usage based billing already killing competition
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I have been an Acanac customer nearly since they started offering service. Outside of a disastrously poor costumer service side (which is what happens when geeks go into business) and almost zero technical support in terms of price point it … Continue reading