Category: The Breeze

banks

Big Banks Can’t Be Broken Up The Way Bernie Says

  Within the first 100 days of my administration, I will require the secretary of the Treasury Department to establish a ‘too big to fail’ list of commercial banks, shadow banks and insurance companies whose failure would pose a catastrophic risk to the United States economy without a taxpayer bailout,”...

free trade

Free Trade Is What Makes America Great

In the context of trade, “free” means without tariffs, quotas or other restrictions impeding it between international states. Comparative advantage is having the ability to produce something at a lower price. Alan Blinder writes how it benefits consumers and producers, and how protectionism at best swaps jobs in industries while...

adam smith

Adam Smith In 2016 Presidential Politics

The Wealth of Nations by Adam Smith is the accepted rationale for a free-market economy. Smith’s key insight was that individuals working in their own interests are led by “an invisible hand to serve public interest” benefiting the broader society. As a liberal-progressive capitalist, I believe that while on the...

contested convention

Contested Convention Likely For GOP

Here is the state of the GOP presidential race. Donald Trump is still the leader but has begun to fade badly, including losing just about all of Colorado’s delegates because he simply did not abide by (or know) the caucus rules. Ted Cruz is surging, but is hated by the...

Path to a Republican Presidency in 2017

  The Republicans have a path where they do not need 270 electoral votes to retake the White House. They only need to prevent the Democratic nominee from reaching 270 delegates. Traditionally these two goals have been one and the same. Under a two party system, aside from tie (which...

panama papers

Panama Papers and the Optics of Global High Finance

According to the BBC, the leak of 11.5 million documents from one of the world’s most secret companies, Panamanian law firm Mossack Fonseca, shows how clients were able to launder money, dodge sanctions and avoid taxes. It’s the biggest leak in history, dwarfing the data released by Wikileaks in 2010....