It is quite remarkable to see how Prof. Simon Johnson has stuck to the cause of crony financialism (crony capitalism is a little broader) and doing away with it.
Here he compares how Washington was captured by the Brits in 1814. And after 200 years it is being captured by Wall Street and Big Banks.
Tags: crony capitalism, Prof. Simon Johnson
This entry was posted on August 29, 2014 at 10:37 am and is filed under Economics - macro, micro etc, Economist, Financial Markets/ Finance. You can follow any responses to this entry through the RSS 2.0 feed.
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