The Surrender of Economic Policy | The American Prospect

The Surrender of Economic Policy | The American Prospect

From 1996. Prescient... scary...
looks like the corporatists are winning...

William K. Black: 'An Economic Philosophy That Has Completely Failed'

William K. Black: 'An Economic Philosophy That Has Completely Failed'
Our economy is not a zero-sum game. Regulations do have costs; often, as a country, we have to make tough decisions about whether those costs are necessary. Voluntary transactions should be positive sum -- both parties are typically made better off. Fraud causes negative sum transactions.