The Goal is Freedom
Insiders will benefit most
SEPTEMBER 28, 2012 by SHELDON RICHMAN
We hear fierce denunciations of what is called the "money power." It is spoken of as mighty, demoniacal, dangerous, and schemes are proposed for mastering it which are futile and ridiculous, if it is what it is said to be. Every one of these schemes only opens chances for money-jobbers and financial wreckers to operate upon brokerages and differences while making legitimate finance hazardous and expensive, thereby adding to the cost of commercial operations.
It's about incentives.
JUNE 11, 2010 by SHELDON RICHMAN
You've got to hand it to the people who really dislike free markets. They see them everywhere and especially wherever any serious problem arises. That no free market exists within a thousand miles makes no difference whatsoever.