by Henry Oliner | Jan 28, 2011 | Business, Economics, Politics
Ever since Michael Douglas’s character Gordon Gekko in the movie Wall Street declared “Greed is Good” capitalism has been cast in a sinister role that it has yet to overcome. The movie speech was rumored to be taken from a speech given by Ivan Boesky at a college...
by Henry Oliner | May 11, 2010 | Business, Economics, Economy, Foreign policy
We tend to look at our economy as a diversion from the norm after a record financial set back. But the economy we are in may well be closer to the norm. The former economy was distorted by government policies that incentivized more money to go into housing than would...
by Henry Oliner | Feb 18, 2010 | Economics
With the clarity of time we can look back at the brink of the collapse that hit us just prior to the last national election. In the midst of the collapse we were stunned and angry, and tended to blame the party in power. Although the Democrats had controlled both...
by Henry Oliner | Jan 4, 2010 | Economics, Philosophy, Politics
There are those who see our financial problem as a moral failure. In one sense it is, but not in the sense those who wish to frame it in moral tones believe. To blame greed for the meltdown is simplistic and irrelevant. Greed has been with us forever. Why would it...
by Henry Oliner | Dec 26, 2009 | Economics
My first article published at American Thinker- The iron law of bubbles excerpts: But this same infatuation with talent can be attached to more than money; it can be attached to power. With capitalism struggling to recover from yet another smackdown bubble we seem...