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14 thoughts on “Late capitalism strikes again

  1. middleoftheroaddem

    In grad school we did a case study on Honda, in the early 1990's. Most consumers don't understand macro economics. Honda USA, recognizing consumer ignorance, would typically announce a price increase shortly after any headline news about a change in the US Dollar to Yen ratio changing, no matter the direction of the change in the currency ratio..

  2. golack

    Trump's tax cut.....bubbles in stock market and rise of rent seeking beats out innovation....
    More taxes on ultra wealthy--people and corporations, i.e. those that have been funding regulatory capture and "off shore" parking of money.
    Better regulation of monopolies, etc., and get rid of Bork's rule.

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