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Laissez Faire

One Year Later: The Lessons of a Failed Economic Philosophy

Alexi Giannoulias | Posted 09.15.2009 | Chicago

Read More: Lehman Brothers Bankruptcy, Wall Street Bailout, Illinois Senate 2010, Mark Kirk, Economic Crisis, Senate Races, Laissez-Faire, Financial Crisis, Illinois Senate Race, Recession, Bush Tax Cuts, Chicago News
Alexi Giannoulias

We are no more insulated from a financial crisis today than we were one year ago. Congress has not changed a single rule, habit or practice to stop this economic calamity from happening again.

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Thanks Glenn Beck -- This 'Socialism' Sounds Great!

Paul Raushenbush | Posted 11.09.2009 | Politics

Read More: Housing Market, Amazing Grace, Rush Limbaugh, Carter, Laissez-Faire, Michael Steele, Glenn Beck, Socialism, Jfk, Capitalism, Health Care, Christian, Forclosure, Arianna Huffington, Fdr, Russia, Marx, Rasmussen-Reports, Norway, Sweden, Politics News
Paul Raushenbush

Capitalism has been given a pass while Americans struggle. When will capitalism be a word as dirty as socialism?

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House of Chutzpah, House of Cards, or Back to the Future Again

Jessica Catto | Posted 04.18.2009 | Politics

Read More: U.S. Treasury, Laissez-Faire, President, Aig, Congress, Responsible Capitalism, Economy, Aig Bonuses, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Politics News
Jessica Catto

The disgust burbled up at the callousness of Enron; it has been simmering ever since, and with AIG it has boiled over.

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Blue Dog Democrats and Republican Triangulation

Joseph A. Palermo | Posted 04.16.2009 | Politics

Read More: House of Representatives, Gop, Mitch McConnell, Ann Coulter, Progressives, Afghanistan Occupation, Employee Free Choice Act, Conservatism, Obama Administration, Democratic Party, Economic Meltdown, Blue Doggery, Meghan McCain, U.S. Senate, Bush Doctrine, Triangulation, Laissez-Faire, Progressive Democrats, Grover Norquist, Capitalism, Republican Party, Blue Dog Democrats, Corporate Governance, Bretton Woods Accords, Evan Bayh, John McCain, North Carolina Representative Patrick McHenry, President Barack Obama, Economic Crisis, Iraq Occupation, Congress, Efca, Triangulate, Blanche Lincoln, Blue Dogs, Republicans, Free Market, Alan Greenspan, William Kristol, Senate, Politics News
Joseph A. Palermo

We must not allow the Blue Dogs to slow down President Obama's momentum or water down the sweeping reforms the nation needs in these trying economic times.

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Grassley and the Chorus of Doubt

Stephen Herrington | Posted 04.14.2009 | Politics

Read More: Taxes, Gop, Chuck Grassley, Economy, Laissez Faire, Aynn Rand, Katrina, Obama, 2008 Election, Republican Party, Politics News
Stephen Herrington

How is it possible to disprove anything more thoroughly than Supply Side economics, and all its attendant Laissez Faire excesses, have been disproved,...

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Food Crisis: A Regulatory Meltdown No Bailout Can Save

Andrew Kimbrell | Posted 02.15.2009 | Politics

Read More: George Bush, Gmos, Fatalities, Budget Cuts, Food Crisis, Mortgage Crisis, Salmonella, Producers, Food-Borne Diseases, Bush Administration, Infectious Diseases, Fda, Laissez-Faire, Food Safety, Food, Food and Drug Administration, Gmo, Politics News
Andrew Kimbrell

The problems we face in food safety are familiar when viewing the unfolding financial crisis. We see cuts in agency budgets, weakening of regulations, and the fox being put in charge of the henhouse.

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The 'Market' Isn't So Wise After All

Thomas Frank | Posted 01.31.2009 | Business

Read More: Thomas Friedman, Economy, Stock Market, Laissez-Faire, Financial Crisis, New Year's Commentary, Free Market, Moody's, Business News
Thomas Frank

By and large the free-market medicine men seem determined to learn nothing from this awful year. Instead they repeat their incantations and retreat deeper into their dogma.

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Laissez-Faire Capitalism Should Be as Dead as Soviet Communism

Arianna Huffington | Posted 01.22.2009 | Business

Read More: Wall Street Crisis, Economic Crisis, Laissez-Faire, Financial Crisis, Regulation, Marxism, Free Market, Capitalism, Business News
Arianna Huffington

It's time to drive the final nail into the coffin of laissez faire capitalism. If not, the Dr. Frankensteins of the right will surely try to revive the monster and send it marauding through our economy once again.

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I Have a (Christmas) Dream

Lance Simmens | Posted 01.07.2009 | Politics

Read More: George Bush, Economy, Obama Presidency, Christmas, Laissez-Faire, January 20th, Barack Obama, Dubya, Politics News
Lance Simmens

The need to act and act forcefully is now. Obama realizes this, the American people realize this, Congress realizes this, and even Dubya has inkling that something is not right.

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Capitalism & the Capitalists

Edward J. Murray | Posted 12.27.2008 | Business

Read More: Laissez Faire, Free Market Capitalism, Economic Health, Economic Meltdown, Economic Systems, Financial Crisis, US Businesses, Free Market, Capitalism, Presidents, Barack Obama, Developing Economic Health, Business News
Edward J. Murray

Let's start with a re-thinking our fundamental economic philosophy: capitalism. In order to run effectively over time, democracies need robust economic systems.

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Sarah "Frodo" Palin and The Cancer School of Economics

Bill Cusack | Posted 11.16.2008 | Business

Read More: Conservative, Wall Street Crisis, Natural Law, Global Economic Meltdown, Laissez Faire, Democratic Economic Policy, Conservative Economic Policy, Sarah Palin, Business News
Bill Cusack

Anyone who wants no rules at all is an adolescent. Like a bratty teenager caught up in a rebellious tantrum, Republicans can't see any regulation as healthy.

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"Free Market?" R.I.P. and Good Riddance!

Warren Goldstein | Posted 11.08.2008 | Business

Read More: Wall Street Crisis, Economic Crisis, Free Marketeers, Financial Crisis, Bailout Plan, Free Market, Free Market Ideology, Wall Street, Laissez-Faire, Business News
Warren Goldstein

Not only are there no "free markets" on Wall Street--there never have been. There have only been institutions and markets receiving varying degrees of protection from the mass of American citizens.

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$700 Billion Wise, Several Trillion Foolish

James Berman | Posted 11.01.2008 | Business

Read More: JP Morgan Chase, Citigroup, Bailout, Wells Fargo, Laissez-Faire, All in the Family, FDIC Insurance, Recession, Great Depression, Herbert Hoover, Economy, Business News
James Berman

The divide between a severe recession and a depression is vast. It's important to keep this divide in mind, because an error in the measure of that gap can lead to major mistakes.

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The Economic Shock: An Interview With Naomi Klein on the Current Crisis

Wajahat Ali | Posted 10.26.2008 | Politics

Read More: Naomi Klein Interview, Naomi Klein, The Shock Doctrine, Economy, Naomi Klein Economy, Section 8, International Monetary Fund, Free Market Finance, Imf, Fannie Mae, Clinton Administration, Bush Administration, Freddie Mac, Argentina Federal Debt, Chile Federal Debt, Laissez-Faire, Shock Economics, Free Market Ideology, Politics News
Wajahat Ali

"There are a lot of things the taxpayers have a right to ask of Wall Street in exchange for these bailouts." (Klein)

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I Got Mine

Sam Greenfield | Posted 07.26.2008 | Politics

Read More: George Bush, George Bush Green, Emissions Reduction, Laissez-Faire, Conservation, Green Living, Cutting Back, Politics News
Sam Greenfield

Bush doesn't think Americans need to be told to conserve. He thinks they are pretty smart and will know what to do. Now THAT'S leadership.

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Cramer: The Terrible Dollar Is Housing's Fault

TheStreet.com | Jim Cramer | Posted 03.28.2008 | Business

Read More: Federal Reserve, Henry Paulson, Ben Bernanke, Monoline Problem, Housing Losses, Housing Crisis, Laissez-Faire, Business News

I am tired of reading that the dollar's decline is a function of our interest rates and their need to decline further on the short end. The dollar is...

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