Posts Tagged

capitalism

You’ve probably heard about the CEO of a medical company who raised the cost of his lifesaving drug by 5,000 percent overnight. After he was called greedy, selfish, and a monster, the price will supposedly come down. Still, is the anger against him justified, or should it actually be pointed somewhere …

This month marks the seventh anniversary of the bursting of the housing bubble and the subsequent economic meltdown. The mood in Congress following the meltdown resembled the panicked atmosphere that followed the September 11th attacks. As was the case after September 11th, Congress rushed to pass hastily written legislation that, instead …