Interventionism

Bob Greifeld, the President and CEO of Nasdaq, was once a great critic of Sarbanes-Oxley (SOX), citing the anti-competitive drag that SOX helped to

Oh how one could wish this came from The Onion:

Thank goodness for congressional committees, and the committees’ subcommittees.

Sometimes the regular news reads just like The Onion

The front page of today’s (March 28) Wall Street Journal

The Grey Lady

Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to check. But people today use the term "inflation" to refer to the phenomenon that is an inevitable consequence of inflation, that is the tendency of all prices and wage rates to rise.

The Nation has posted an interesting article on how corporate conglomerates are ganging

The benefits of a system of old-age security without the state would be more than economic. It would also foster the acquisition of personal virtues and responsibility, which would then be reflected in other spheres of private and social life. A non-governmental system would even treat the least fortunate members of the society with more humanity and dignity, and there would be fewer such people overall.

That’s the effect of minimum wage laws, says John Egge