tag:blogger.com,1999:blog-4915444177822430212.post4886520832856682024..comments2023-07-03T15:27:16.872+02:00Comments on From the Big Apple to the Big Bear and Back...: Ayn Rand and Greenspan: a few articles on the melt down.G in Berlinhttp://www.blogger.com/profile/11168975470282994167noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4915444177822430212.post-73881163138624640032009-01-04T22:27:00.000+01:002009-01-04T22:27:00.000+01:00Headbang (meh!), the 50K regulations were applied ...<I>Headbang</I> (meh!), the 50K regulations were applied to the financial sector alone. Many were enforced, particularly Sarbanes-Oxley. Ask yourself how one could comply with, or enforce, 50K regulations! <BR/><BR/>As for Rand, the boat is sailing without you. <BR/><BR/>There are now some thirty Universities with Objectivism trained professors. There are numerous serious publications, and Richardhttps://www.blogger.com/profile/02479600882274172677noreply@blogger.comtag:blogger.com,1999:blog-4915444177822430212.post-83211032128676663842009-01-04T21:48:00.000+01:002009-01-04T21:48:00.000+01:00Correction--5000 regulations per annum, not 1000. ...Correction--5000 regulations per annum, not 1000. Point still stands.The Honourable Husbandhttps://www.blogger.com/profile/05234119524600114890noreply@blogger.comtag:blogger.com,1999:blog-4915444177822430212.post-45322320119135198502009-01-04T21:07:00.000+01:002009-01-04T21:07:00.000+01:00G, the choice of articles for your post is so even...G, the choice of articles for your post is so evenly balanced, that it's a little difficult to work out if you are an objectivist sympathiser, or the opposite. <BR/><BR/>From our brief conversations, I'll assume you are the opposite, or at least swing that way. Apologies if that tars you with teh wrong brush. <BR/><BR/>How shall we judge a philosophy? <BR/><BR/>By the company it keeps? The The Honourable Husbandhttps://www.blogger.com/profile/05234119524600114890noreply@blogger.comtag:blogger.com,1999:blog-4915444177822430212.post-67000220145967223192009-01-04T18:10:00.000+01:002009-01-04T18:10:00.000+01:00If a lie is repeated often enough, some people wil...If a lie is repeated often enough, some people will always believe it to be true. The lie began when Greenspan pretended to be an advocate of free markets in accordance with Ayn Rand, whilst imposing interventionist policies. Anti-capitalists, and many capitalists, have fallen for and promoted his deception.<BR/><BR/>This financial crisis was neither a failure of <I>laissez-faire</I> capitalismRichardhttps://www.blogger.com/profile/02479600882274172677noreply@blogger.comtag:blogger.com,1999:blog-4915444177822430212.post-15574000750686558362009-01-04T16:55:00.000+01:002009-01-04T16:55:00.000+01:00Sorry, Chairman Ben S. Bernanke, But Quantitative ...<B>Sorry, Chairman Ben S. Bernanke, But Quantitative Easing Won't Work.</B><BR/><BR/>In a Liquidity Trap although Saving (S) is abnormally high investment (I) is next to 0. <BR/><BR/>Hence, the Keynesian paradigm I = S is not verified.<BR/><BR/>The purpose of Quantitative Easing being to lower the yield on long-term savings and increase liquidity it doesn't create $1 of investment. <BR/><BR/>In aAnonymousnoreply@blogger.com