Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.
The extraordinary genius of John D. Rockefeller and Andrew Carnegie 100 years ago was their recognition that the great wealth they had amassed could be put to public good and used to solve the complex problems for which there were no other sources of...
President Obama has a good sense not just of the economic requisites for financial crisis firefighting but also how you build political support for moving forward on reforming the financial system, making sure that the banks are carrying enough capit...
There is no private house in which people can enjoy themselves so well as at a capital tavern... No, Sir; there is nothing which has yet been contrived by man by which so much happiness is produced as by a good tavern or inn.
Everybody in America has been dependent on the government at some time. We owe everybody in America the right to vote and access to capital. What I say is, let's make America work, let's make democracy and free enterprise work for everybody.
After World War I the resentment of the working class against all that it had to suffer was directed more against Morgan, Wall Street and private capital than the government.
In World War II the hostility and the exasperation resulting from the statification of the economy and the strain of the war have been directed as much against the government as against private capital.
To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.
Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this country's taxpayers now own the largest purveyor of sharia-co...
I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any.
The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism...
Normally, we see characters that have God complexes. How interesting, I thought, it would be to capitalize on that. And say, OK, well fine, you have a God complex, well this person has a Satan complex. And the doctor chooses to treat him scientifical...
I suspect that one of capitalism's crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its own inventiveness, the arbitrariness of its undertaking and the ruthlessness of the way in which i...
Universities are some of the few places left where a struggle for the commons, for public life, if not democracy itself, can be made visible through the medium of collective voices and social movements energized by the need for a politics and way of ...
I try to really capitalize off of what other rappers really can't do. There are opportunities that rappers I love simply can't get, because... you know... I don't have the tattoos; I have a different image.
The Christian churches were offered two things: the spirit of Jesus and the idiotic morality of Paul, and they rejected the higher inspiration... Following Paul, we have turned the goodness of love into a fiend and degraded the crowning impulse of ou...
I love visiting LA. It's an endlessly fascinating city, and is, of course, America's entertainment capital. Each time I go, I fall in love with it all over again. That said, it's not the sort of place I'd want to live.
While I do not hesitate to applaud certain aspects of the resolution honoring the sacrifices of our courageous soldiers who are risking their lives in Iraq, I cannot be supportive of capitalizing on these very sacrifices for political gain.
I have said consistently both in my papers and in my speeches - which you heard in the primary campaign - that I will continue to phase out the Capital Stock and Franchise tax.
In a country of such recent civilization as ours, whose almost limitless treasures of material wealth invite the risks of capital and the industry of labor, it is but natural that material interests should absorb the attention of the people to a degr...
Crony capitalism is much easier than competing in an open market. But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
