VP Mike Pence Hires Cato Libertarian as Chief Economist in Trump Administration

[ABX]

Brilliant

...Vice President Mike Pence has hired Mark Calabria, a libertarian advocate of free markets, as his chief economist, according to a Pence spokesman.

Calabria was director of financial regulation studies at the Cato Institute, where he was a prominent voice on financial and economic policy and an expert on mortgage and housing reform....

Read more: http://thelibertarianrepublic.com/vp-mike-pence-hires-cato-libertarian-as-chief-economist-in-trump-administration/#ixzz4YPmpI5RR
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[Weird Tolkienish Figure]

 


Although I wonder how he will square up with Trump's beliefs on trade?

[endicom]

https://en.wikipedia.org/wiki/Mark_A._Calabria

[Norm Lenhart]

Free markets are the best markets. The problem is that we don't have a free market. Locally much less globally. What we have is a clusterfork of psuedosocialist and crony capitalist markets attempting to be regulated by ogliarchies.

[Weird Tolkienish Figure]

Free markets are the best markets.

 




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The problem is that we don't have a free market. Locally much less globally. What we have is a clusterfork of psuedosocialist and crony capitalist markets attempting to be regulated by ogliarchies.

Is a 100% free market possible? I don't know.

[truth_seeker]

There is a film out on Netflix titled "Inside Job," about the financial meltdown of 2008.

Government was a big factor. Doing something when they should have done nothing, and doing nothing when they should have done something.

Greenspan, Bernanke, Paulson, Raines just to name a few.

It starts off with Iceland, btw. I've got to go back and watch the 2nd half.

[Norm Lenhart]

 




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Is a 100% free market possible? I don't know.

I don't think it is outside of an intellectual exercise because someone will always find a way to manipulate it. All we can really do is try to get as close as possible and eliminate the overt stuff.