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 was a lot more to . . . → Read More: Bill Longstaff: More to Adam Smith and The Wealth of Nations than meets the neoliberal eye
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 tax money for . . . → Read More: The Ranting Canadian: Ever since the world economy started crashing in 2008, a lot of…
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 to obtain a Ph.D . . . → Read More: Drive-by Planet: Predator Nation: Charles Ferguson rips financial industry