Tag: funds

The Bubble Economy and the Rationality of Irrationality: Recapitalizing Virtue

On By The Social CriticIn Economics & Globalization, Politics & Public PolicyLeave a comment

For all the talk of Wall Street reform and consumer protections the problem of predatory lending has not been eliminated. Subprime lending continues in the auto financing industry and elsewhere, and unlike conservatives' criticism of the housing market there are no federal subsidies to finger. Policymakers have, indeed, caused the problem but for reasons other …

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California Voters: Choose Your Pain May 19

On By The Social CriticIn Politics & Public PolicyLeave a comment

What happens in California is by no means confined to California. The world's fifth largest economy depends on getting the answer right when voters go to the polls Tuesday, May 19. Californians need to reconsider the validity of popularly opposed propositions. Here's why: