Despite the popular wisdom that shareholders of a firm are its true owners, there is no sense, legal or otherwise, to which this is true. This post will serve to survey some of the political science literature and the contemporary legal scholarship which I believe thoroughly debunks the shareholder value…
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The whole of social science and legal research offers vast amounts of evidence to disabuse any notion that free markets exist anywhere in a capitalist society. Everyone from non-economists to the general public cannot escape this reality. We as individuals have no choice but to exist under capitalism because it…
Comments closedTthe claim that fiat currency’s existence alone is the entire reason every one of us besides the wealthy has diminishing purchasing power is incoherent as a matter of logic and not true in any meaningful sense. Legal scholars, academic economists, and central bank economists understand this despite what the Elon…
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