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Berlin Wall: Collapse of communism in '89 – Lesson for capitalism in '09
Published on : Monday, November 9, 2009
Communism was characterized by its contempt for private property, by the complete control of the state over the economy, and consequently, by its disregard for price as a signal of scarcity and guide for investment. Over the past two years, the foundation of global finance has been shaken, not because of any Marxian foresight, but because of the failure on the part of the capitalist world to appreciate the relationship between property ownership and valuation of that property, writes Barun Mitra
New York: Sept 14: A discussion on financial crisis, with John Allision and Yaron Brook
Published on : Monday, September 14, 2009
The Objectivist Club at the New York University, is hosting a discussion on "The Cause of Financial Crisis - Government Meddling". This is very critical issue. Ever since the financial crisis broke last year, questions being raised as to whether the crisis is a consequence of lax regulation of the financial sector in the US, or is it because of distortions in the financial sector created by the government regulations. If one is in New York, consider attending, Admission is free, but registration is required.

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