When we think of Adam Smith, the great Scottish philosopher and economist, and his seminal book The Wealth of Nations, we are inclined to think of free markets, individual self-interest, and the invisible hand. However, reading another good book recently, How Markets Fail by John Cassidy, I was reminded there
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The Ranting Canadian: Ever since the world economy started crashing in 2008, a lot of…
Ever since the world economy started crashing in 2008, a lot of news has been uncovered about Ponzi schemes, financial institutions ripping people off, crooked government bailouts, banks laundering money for gangs and terrorists, large-scale tax cheating, money hidden away in offshore numbered accounts, thefts from pension funds, politicians stealing
Continue readingAlberta Diary: Summit call for ATB Financial privatization sets stage for rural Alberta banking battle
The Alberta Treasury Branch agency brings rural financial services to Czar, Alberta. You’ve got to know offices like this are doomed if ATB Financial is privatized. Below: William Aberhart in 1937, the year before he founded Alberta Treasury Branches; banker George Gosbee, in his role as Doogie Howser, CEO. Assuming
Continue readingThe Ranting Canadian: I’ve never reblogged something before, but this story…
I’ve never reblogged something before, but this story really impressed me so I had to share.
alittlecoconuttart:
Occupy Group Buys Consumer
Debt And Throws It Away
November 10, 2012
By Nathaniel Downes
The debt collection industry is one of the l…
Drive-by Planet: Predator Nation: Charles Ferguson rips financial industry
Charles Ferguson’s new book “Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America” is a well written, scathing critique that exposes the crooked underside of corporate America. Ferguson doesn’t exactly come across as a radical. He’s a former executive and government adviser who spent enough time in academia
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