A Capitalism for the People

luigi zingales

John Peeler: We need a capitalism in which no firm is too big to fail, in which corporations serve the public interest, and in which every person has a solid foundation for living a productive life..

Don’t Use The ‘Free Market’ As An Excuse

media-monopolies

Tina Dupuy: The truth is we don’t have a “free market.” Never have and probably never will. So when politicians like representatives Paul Ryan and Michele Bachmann talk about how this savior-in-theory can deliver us – it can’t.

Break Up the Banks

Stimulus

Robert Reich: As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big. By all means, give regulators resolution authority and also impose the tightest regulations possible. But Congress and the White House shouldn’t stop there. Limits should be placed on how big big banks can become.

What Cap and Trade Programs Are Really About

EconTidalWave

Is a “cap and trade” system for managing U.S. emissions of carbon dioxide likely to be as successful as the sulfur dioxide “cap and trade” program established by the Clean Air Act of 1990? Most people familiar with the sulfur program agree that it has been a success. Yet plans to use the same kind [...]

A Warning to All Mortgage Lenders in California and the Nation

Ted Lieu

By Ted W. Lieu — Just like unwary homeowners trapped in unsuitable loans and an ever-increasing mountain of debt, many of our nation’s lenders are facing significant difficulties remaining afloat.

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