David Brooks New York Times piece “Capitalism for the Masses” is a blood boiler. Macroeconomic math is very simple. There is one mathematical fact. If the wealth of the rich is growing at a consistently higher rate than the rate of the economy’s aggregate wealth creation and that rate differential is not completely attributable to […]
Pope Says Unfettered Capitalism is A New Tyranny (It is about time)
Pope Francis rebukes unfettered capitalism It is about time that the Church called a spade a spade. Pope Francis may turn out to be the loudest and most effective critic of unfettered capitalism with his stinging rebuke. For too long the church had formed an incestuous and evil relationship with the worship of wealth and […]