All Posts Tagged With: "agency problem"
Regulations Improve the Free Market?
Despite its remarkable record the free market
remains for many people a tough sell. Even
those who on balance support free enterprise
hesitate to give unregulated market forces their full
endorsement.After all, they argue, the market sometimes
fails, requiring corrective measures at the hands of
wise government authorities.
Capitalism: Still on Trial
It was not enough to defeat communism and cause all socialists to rethink their anti-capitalist strategy. Still the private-property market system is under sustained attack from the left. But this time the opposition has a more profitable approach. The aim is no longer to socialize everything, but to subject capitalism to a prolonged ethical assault. [...]
1Mar2005 | Norman Barry | 1 comment | ContinuedIronic Triangle
“No man’s life, liberty or property are safe while the legislature is in session.” -Unidentified New York Surrogate Court judge, 1866 “President Bush has strongly hinted that he will sign any bill that emerges from Congress.” -New York Times, July 17, 2002 Did you hear the one about the congressional committee that grilled the businessman [...]
1Oct2002 | Sheldon Richman | 0 comments | ContinuedThe Logic and Morality of Takeovers
The late Norman Barry was a professor of social and political theory at the University of Buckingham in the UK. Of all the features of the market, the takeover process is still the most reviled. Assailed by moralists for encouraging greed and antisocial individualism and for breaking up stable communities; by some economists for its alleged [...]
1Jul2000 | Norman Barry | 0 comments | ContinuedThe Stakeholder Fallacy
Norman Barry is professor of social and political theory at the University of Buckingham in the UK. He is the author of Business Ethics (Macmillan, 1998). As the saying goes: “There is more than one way to skin a cat.” And former collectivists, embarrassed by the dismal failure of economic planning to provide any kind [...]
1Mar2000 | Norman Barry | 1 comment | Continued-
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