Stock “Manipulation” and “Inflated” Prices

Stock “Manipulation” and “Inflated” Prices

Q: Under capitalism, can’t a group of a few wealthy individuals acting as a fund “manipulate” a stock, causing unaware investors to buy the stocks at inflated prices, where then wealthy individuals would dump the stocks, causing prices to collapse?...

Country Analysis: China Inches Toward Capitalism

The constitutional protection of property in China is a continuation of reforms I’ve observed following China’s investment environment over the past ten years. Currently, the Chinese economy is a mixture of heavily regulated or government controlled...

In Favor of a War Against Saddam’s Iraq

I’m in favor of war on Iraq because I don’t want to be killed by terrorists who get access to weapons it’s trying to develop. The World Trade Center attack dramatically alerted Americans to the fact that there are some people in the world who want us...

Some Patriotic Economic Advice: Save

Over the last couple of weeks I’ve seen financiers and economists give a lot of misguided advice about what people need to do to help the nation and themselves overcome the terrorist attacks on America. I’m a very patriotic person myself, I don’t...

A New Yorker Remembers the World Trade Center

“That particular sense of sacred rapture men say they experience in contemplating nature- I’ve never received it from nature, only from. Buildings, Skyscrapers. I would give the greatest sunset in the world for one sight of New York’s skyline. The...

Devaluation is Not the Answer

In the past few months, I’ve noticed a disturbing shift in attitude towards currency devaluation. An increasing number of economists and journalists are making comments approving currency devaluation as a way to boost economies and “gain...