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Bubble Economy

Land Of Opportunity To Barren Wasteland

Robin Lewis | Posted 07.17.2013 | Business
Robin Lewis

Without the elements of trust and fairness, democracy and free market capitalism cannot work. And poll after consumer poll reveals that a greater percentage than not believes our government and the business and financial sectors are lacking both.

Land of Opportunity to Barren Wasteland, Part 2

Robin Lewis | Posted 07.01.2013 | Business
Robin Lewis

Capitalism's founder Adam Smith's "invisible hand" is indeed invisible to most of society. However, that invisible hand now belongs to big business, finance and government -- to whom it is very visible indeed.

Land of Opportunity to Barren Wasteland

Robin Lewis | Posted 06.26.2013 | Business
Robin Lewis

Think about three million empty, decaying and devalued houses following the leveraged-up mortgage crash of 2008. And what about the jobs lost, and spike in the number of people living below the poverty line?

Shahien Nasiripour

Biden Blasts "Cowboys on Wall Street"

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Vice President Joe Biden blasted the "cowboys on Wall Street" Monday, squarely placing blame on the nation's financial center for "an economy built on...

Robert Shiller: Market Bubbles Part Of Human Psychology, Won't Be Eradicated

newsweek.com | Robert Shiller | Posted 05.25.2011 | Business

When it comes to market bubbles and how they are created, very little, if anything, has changed. This is because human psychology has not changed. Mas...

Q&A with Housing Bubble Forecaster Dean Baker

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."