The Myth of Capitalism's "Failure."

Vardy, Nicholas A.
December 2009
Human Events;12/14/2009, Vol. 65 Issue 43, p17
In the article, the author discusses the myths of the alleged failure of capitalism and the global financial system, such as the dot-com bubble, the tech bubble and the mortgage bubble. He also cites the declining trust given to government officials coming from the Harvard University. He cites the case of former Harvard president Larry Summers, the current director of the government's National Economic Council as of December 2009, whose accomplishments in real situations were less than successful in spite of his economic academic ability.


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