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Economics / Business /Finance

History of Capitalism (Part 2)

Atlas Summit 2012 -- We hear all the time that “capitalism is the system that has shaped our world”. However, the fact that capitalism is a social system that has never existed in its full, perfect, and unregulated form is never mentioned. As Ayn Rand clearly stated, the only time in history in which we came close to a laissez-faire capitalist society was in the 19th century. The seminar explores the history of capitalism

Steve Jobs vs. the Anti-Capitalists

October 5, 2011 – I hope I’m only one of many to see the irony. On the day that Steve Jobs, one of the most innovative entrepreneurs in our history, died, packs of ignorant and possibly malicious protestors roamed Wall Street demanding the death of the system that made Jobs possible.

Imprisoned Executive’s Story Told in BRC Book

Imprisoned Executive’s Story Told in BRC Book

By The Atlas Society

July 12, 2012 -- In the middle of the last decade, two business professors and a handful of Wall Street Journal reporters called attention to wide­spread backdating of employee stock options, launching a rich-hunt that cost numerous executives their jobs and five of them, at least for some time, their freedom.

Obama’s Financial Investigator: “Too Liberal” for Cuomo

In his State of the Union address, on January 24, President Obama said: "I’m asking my Attorney General to create a special unit of federal prosecutors and leading state attorney general [sic] to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.”

Enforcing U.S. Business Crimes Abroad

Leftists often insist—and quite rightly—that it is foolish for America to try to impose its political system on countries with fundamentally different cultures. But will they speak out against the American government’s increasing attempts to impose our legal system on countries with fundamentally different cultures? Michael Volkov (background here) points out at his blog “Corruption, Crime & Compliance” just how far the U.S. invasion has gone.

Of Catalogs and Consumption

Winter 2011 issue -- The Christmas catalogs start arriving in September, a trickle that becomes a flood by Thanksgiving. They pile up in colorful drifts until it’s time for my favorite part of Christmas: choosing gifts for the people on my list. 

You've Got to be Carefully Taught

You got to be taught before it’s too late,
Before you are six or seven or eight
To hate all the people your relatives hate,
You’ve got to be carefully taught.

Filmmakers Imagine Finance

November 14, 2011 -- Margin Call is the best film to come out of the recent financial crisis. This is no polemic masquerading as a “documentary” (Inside Job) or good vs. evil melodrama (Money Never Sleeps). It is serious film, with superb acting, script, direction and photography, which uses the financial crisis as the realistic backdrop for a timeless story.