I'll always remember that extraordinary exchange between Ron Paul and Rudy Giuliani in 2007, and the incredible ignorance displayed by Giuliani and the audience. I'm not the "Paulite" that I was four years ago, but I'll always be grateful to him for awakening me (and many others) from an intellec...
@TradingTutor Strong regulations provide a greater incentive for large firms to influence policy, curry favor with regulators, and use the regulatory apparatus for their own benefit. You're point is not altogether invalid. Adam Smith himself said that "businessmen rarely get together but that the...
I'll always remember that extraordinary exchange between Ron Paul and Rudy Giuliani in 2007, and the incredible ignorance displayed by Giuliani and the audience. I'm not the "Paulite" that I was four years ago, but I'll always be grateful to him for awakening me (and many others) from an intellec...