Tag Archives: madoff

Regulation, Licensing and Corporatism

Dear Friends, It seems to me, the idea of regulation, licensing and other means of government oversight, sound good in theory but in practice, result in the opposite of what we are told they would. In fact, they all inevitably … Continue reading

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Scandal and Tyranny Go Hand in Hand

Dear Friends, It seems to me that capitalism is based on trust. Without trust markets close down and money becomes just a bunch of paper. Trust is the lubricant that allows our modern market system to function. It is built … Continue reading

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