They are not your friend.

They are not your friend.

I never thought this would happen, but I think I recently read two articles that stresses the role shareholders (or investors) play in our inequality. I saved one of the articles but apparently, I didn’t save the other. Now, the articles didn’t directly say that investors play a role in the growing inequality, but I…

Greedflation

Greedflation

Still feeling the pinch of rising inflation? Or maybe the prices have remained the same, but the sizes gotten smaller? Economists say inflation is now cooling but the perceptions are not quite there. We still remember the pain of increasing prices and people are looking for presidential alternatives. Fortune magazine has reported that a new…

Milton Friedman’s Profit Maximization Dogma Dying?

Milton Friedman’s Profit Maximization Dogma Dying?

I recently read something that kind of shocked me: “As Joe Biden declared on the campaign trail in 2020, “Milton Friedman isn’t running the show anymore!”” The Atlantic, “The Sordid Legacy of Milton Friedman”, Kim Phillips-Fein, 11/13/2023 That Joe Biden quote came from a book review in The Atlantic. So, even the President thinks that…