All Posts Tagged With: "corporate takeovers"

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 | Continued

Ironic 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 | Continued

The 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 | Continued

Regulatory Extortion

Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]

1Mar2000 | Thomas J. DiLorenzo | 8 comments | Continued

Germany and the Third Way

Norman Barry is professor of social and political theory at the University of Buckingham in the United Kingdom. He is the author of Business Ethics (Macmillan, 1998). At least two things exercise political and economic commentators on Europe: the meaning and policy significance of the “third way” and the current malaise in the German economy. [...]

1Nov1999 | Norman Barry | 0 comments | Continued

Protection for Bad Managers

Christopher Mayer, a commercial loan officer, is studying for his MBA at the University of Maryland. My home state of Maryland is considering adopting anti-takeover legislation to protect the small number of major corporations with headquarters in the state. The legislation would allow the directors of Maryland corporations to adopt defenses against takeovers without the [...]

1Aug1999 | Christopher Mayer | 1 comment | Continued

Payback: The Conspiracy to Destroy Michael Milken and His Financial Revolution

Daniel Fischel is eminently qualified to write a book on the attack on Michael Milken and the changes he wrought in the financial world in the 1980s. Fischel is a professor of law at the University of Chicago and also an expert in finance and the securities markets. He writes fearlessly, taking politicians, journalists, judges, [...]

1Mar1996 | George C. Leef | 1 comment | Continued
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