The Financial Crisis and the Failure of the Modern Economy (tags)
The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.
The Financial Market Must Become a Public Service (tags)
An institutional crisis faces us, not individual failure. Egoism makes one short-sighted; greed makes one blind. Capitalism is not simply a market system. Capitalism is a social order. Therefore it cannot be left to economists to decide which laws of the market should operate.