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Marketism

Economic Collapse Was Foreseen

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

The Republican minority on the Financial Crisis Inquiry Commission asserts that the Commission Report's conclusion that the crisis was "avoidable" is mistaken.

They're Parasites

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

While "pirates," "banksters," "roaches," and "leeches" are all apt words to describe the arrogant Wall Streeters we saw testifying this week, there is a more accurate scientific term -- it is time to call a parasite a parasite.

"The Depression of 1933"?? -- Is a Depression a Moveable Famine?

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

The Free Market faithful have rewritten a great deal of history. But their most recent claim that Franklin Roosevelt started the Great Depression? That's just ludicrous.