by Henry Oliner | Dec 6, 2021 | Uncategorized
There is a specially ironic element in the effort of the seventeenth century to confine man to the limits of a harmless “nature” or to bring all his actions under the discipline of a cool prudence. For while democratic social philosophy was elaborating the picture of...
by Henry Oliner | Jun 27, 2010 | Economics
Jonah Goldberg writes in National Review Online, Capitalism vs Capitalists Excerpts: “Every ten years I quote the same adage from the late Austrian analyst Willi Schlamm, ….. ‘The trouble with socialism is socialism. The trouble with capitalism is...
by Henry Oliner | May 28, 2010 | Business, Economics, Politics
“A dynamic economy will always have booms and busts. But the story of the past twenty-five years is that Washington has created a financial system that cannot withstand the destructive part of creative destruction – necessary for free markets- without...
by Henry Oliner | Feb 16, 2010 | Business, Economics, Politics
“Could free markets have sorted out the mess without extraordinary government action? Yes, but only by destroying the remains of the financial system and possibly putting tens of millions of people out of work. Despite virulent public opposition to the Bush...
by Henry Oliner | Feb 5, 2010 | Economics, Politics
“Despite elite concerns of a public backlash against capitalism, it has been the public, not Wall Street or Washington, that has supported capitalism all along. Financiers were disconcertingly quick to run straight into the governments arms, while the public...