Review: The Greatest Trade Ever, by Gregory Zuckerman
Daniel Wahl May 20, 2010
Daniel Wahl reviews The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History, by Gregory Zuckerman.
Economics, Politics & Rights
Antitrust with a Vengeance: The Obama Administration’s Anti-Business Cudgel
Eric Daniels November 20, 2009
Zeros in on the arbitrary, rights-violating nature of antitrust law; surveys the Obama administration’s efforts to bolster antitrust enforcement; considers the unprincipled arguments put forth by today’s most vocal opponents of antitrust; and calls for Americans to take a principled, rights-based stand—not only against the administration’s reinvigorated antitrust assault, but against antitrust law as such.
Economics, Science & Technology
The Dire Message of Mr. David Walker
John David Lewis August 28, 2009
A person who is in the pay of the government is not always free to speak publicly about the most pressing issues he confronts. Administrators who are appointed to perform specific tasks are generally not free to contradict or even to challenge policies. They often cannot advocate for specific proposals,…
Review: The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder
Daniel Wahl August 20, 2009
Daniel Wahl reviews The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder.
Economics, Science & Technology
The Whole Foods Alternative to ObamaCare
Craig Biddle August 17, 2009
John Mackey, CEO of Whole Foods, has an excellent article in the Wall Street Journal, in which he outlines several market-oriented changes that would substantially improve the quality of health care in America, multiply consumers’ options, and decrease health-care costs. Among other things, Mackey advocates the following: Remove the legal…
NYT Article on BB&T, John Allison, and Ayn Rand
Craig Biddle August 1, 2009
Andrew Martin has a nice article in today’s New York Times, titled “Give BB&T Liberty, but Not a Bailout.” The piece is, for the most part, positive, and I highly recommend it. I must point out, however, that the article includes a smear by subjectivist philosopher Brian Leiter, who expresses…
Review: Fooling Some of the People All the Time, by David Einhorn
Daniel Wahl May 20, 2009
Daniel Wahl reviews Fooling Some of the People All the Time: A Long Short (and Now Complete) Story, by David Einhorn.
Review: Animal Spirits, by George A. Akerlof and Robert J. Shiller
Eric Daniels May 20, 2009
Eric Daniels reviews Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, by George A. Akerlof and Robert J. Shiller.
An Interview with a “Capitalist Pig”: Jonathan Hoenig on Hedge Funds, the Economic Crisis, and the Future of America
Craig Biddle May 20, 2009
Discusses the nature and value of hedge funds, the ill effects of economic regulations, and how to fight for free markets.
Altruism: The Moral Root of the Financial Crisis
Richard M. Salsman February 20, 2009
Zeros in on the fundamental cause of the problem, showing that widespread acceptance of the morality of self-sacrifice necessitated the kinds of laws, regulations, and decisions that have driven the financial markets into the gutter.