Archive for General Douglas MacArthur
The Risk Within
Excerpts from remarks to stockholders at the Annual Meeting of Sperry Rand Corporation, July 31, 1956. We approach for the first time in history an era in which the industrial tools provided by science and technology give promise to mankind of satisfaction of his basic economic and material needs. Poverty cannot be entirely abolished, but [...]
1Jan1957 | General Douglas MacArthur | 0 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More




