Capitalism – Page 4 – Steve Baker FRSA

Post Tagged with: "Capitalism"

If this is Capitalism then I am a Communist — Samizdata

by Steve Baker 5 December 2008 in Politics, Business Comments are Disabled

Do people remember the newspaper headlines every so often between 1987 and 2007? Specially the “Alan Greenspan saves the world” stories? Ever wondered what the great Alan Greenspan, Chairman of the Federal Reserve, had actually done? What he had done is as follows… read more | digg story

Mises: A Crisis of Global Statism

by Steve Baker 25 September 2008 in Business, Politics Comments are Disabled

Mises.org reports on false confidence in the state to guarantee stability, and… Moreover, as many commentators have remarked, guaranteeing large financial firms from failure will bring calls for regulating them still more tightly. This is an old story: past political interventions create the reasons for new ones. The present financial […]

FT.com: House prices show sharpest monthly fall since 1992

by Steve Baker 12 September 2008 in Politics Comments are Disabled

More housing market woe: The FT House Price Index recorded a drop of 1.3 per cent in August, the single largest monthly fall since October 1992, according to the latest figures released on Friday. This article places the problem into another perspective, that of the Austrian School of economics: The […]