Browsing All posts tagged under »regulation«

Levathian Inc.

August 9, 2010 by


Governments seem to have forgotten that picking industrial winners nearly always fails.  Government intervention seems to have become a global phenomenon.  Long gone are the fears of unintended consequences.  The last major financial crisis has been used by politicians to make the concept of a “nanny state” more and more acceptable.  The economist makes a compelling argument why […]

The BP oil spill, the world asks what should government do? but I ask: What CAN government do?

May 27, 2010 by


The question should probably be what CAN government do? my answer: Nothing! Why??? you may ask. “Expertise and resources lie within the private sector with BP” admiral declares! Adm. Thad Allen stepped down as the head of the US Coast Guard Tuesday but retained his appointment by President Barack Obama as national incident commander in […]

Milton Friedman on Greed

April 27, 2010 by


Milton Friedman: “Do American presidents choose their political appointees on the basis of virtue? Is political self-interest somehow nobler than economic self-interest?”

SEC vs. Goldman Sachs: what does it mean for the economy and the American middle class?

April 27, 2010 by


Politically driven or not, the US government couldn’t have picked a worst time to bring accusations against Goldman.  Has anyone stopped to think that if in fact we are at the beginning of a recovery from the worst recession since the Great Depression, this assault on Goldman will hurt and slow down our economic recovery?  What […]

Should a majority pay for the sins of an elite few? The costs of regulation

April 19, 2010 by


By Orphe P. Divounguy News headlines: The Securities and Exchange Commission accused Goldman Sachs of “defrauding” investors. Certainly betting against a financial product that you sell to your clients may be considered morally wrong. The financial sector needs more corporate responsibility but is regulation the answer? Allow me to point out that these “defrauded” investors […]

Preserving the American Dream: Free markets vs Government intervention and everything else in between…

April 6, 2010 by


By Orphe P. Divounguy On April 5th 2010 5:30pm, I attended a lecture by prominent economist Irwin M Stelzer, co-founder and former president of National Economic Research Associates, senior director and fellow of the Hudson Institute, former resident scholar and director of regulatory policy studies at the American Enterprise Institute.  Irwin M Stelzer is a […]