Comments on: Not Understanding Capitalism http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/ Fri, 24 Apr 2015 01:18:29 +0000 hourly 1 http://wordpress.org/?v=4.2 By: Manufacturing Driving USA Recovery at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-4914 Tue, 23 Feb 2010 14:21:13 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-4914 […] been averted in the short term. But the failure to take seriously the huge risks failed policies (bought by special interests from politicians) put our economy in leaves us at great risk for future problems. The ability to avert disaster so […]

]]> By: Curious Cat Management Blog: Why Congress Won’t Investigate Wall Street http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-4427 Fri, 01 May 2009 03:23:28 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-4427 The economy declined 6.3% in the fourth quarter of last year and 6.1% in the first quarter of 2009. And we have paid several hundred billion to bail out bankers…

]]> By: Buying Favors from Congress at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-4373 Mon, 13 Apr 2009 17:59:13 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-4373 It is no surprise that paying politicians lot of money gets you favors: Politicians Change rules for Big Donors…

]]> By: Myths About Adam Smith Ideas v. His Ideas at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-3991 Fri, 23 Jan 2009 19:43:06 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-3991 “The notion that Smith had a ‘theory’ of ‘an invisible hand’ leading all players in markets to act in pursuit of their self-interests and raise annual output and annual employment is a myth…”

]]> By: Looking at the Chicago School of Economics at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-3933 Fri, 26 Dec 2008 17:58:44 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-3933 […] system for economic development. Unfortunately, as I have written before, too many decision makers don’t have the slightest clue about economics. They accept simplistic views just like scientifically illiterate people accept simplistic claims […]

]]> By: Monopolies and Oligopolies do not a Free Market Make at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/comment-page-1/#comment-3361 Fri, 20 Jun 2008 00:49:24 +0000 http://investing.curiouscatblog.net/2008/03/31/not-understanding-capitalism/#comment-3361 The government role was to assure that the market stayed very close to perfect competition (though obviously perfect was a high goal)….

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