Financial Markets / Gary Galles

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Why Shareholders Are Better Than Corporate "Stakeholders"

Financial MarketsEntrepreneurshipPrivate Property

06/22/2015Mises Daily Articles
Business schools now often tell students that shareholders are socially irresponsible by seeking only profit and ignoring the “stakeholders in the community.” But in practice, owners must be respectful of many outside groups (such as employees and vendors), to be profitable.
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Greedy-Bastard Economics

Booms and BustsThe FedFinancial MarketsInterventionism

10/06/2009Mises Daily Articles
That is why it is actually government "solutions" that increase the influence of greedy bastards in society. After all, "greedy bastard" is an excellent description of someone who demands power over others without cost or their willing consent; and falsely blames others to gain it.
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Don't Sell Short Selling Short

The EntrepreneurFinancial Markets

04/06/2007Mises Daily Articles
Short sellers are no more self-interested than others in financial markets. They improve the information incorporated in market prices that we all rely on to improve social coordination, as we seek to make the best of a world of unavoidable scarcity.
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Why the Housing Scandals?

Financial MarketsPrivate PropertyValue and Exchange

10/08/2002Mises Daily Articles
The constant drumbeat of housing "investigative reports," cut from their common mold, would be almost farcical, if the problems were not so serious. But the fact that those problems exist today is deplorable, because they are the result of willful ignorance of what has long been understood about...
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