Rick Newman


September 2008


4 Myths About Free Markets—and Their Demise

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Would the free market do it better?

That's one big sticking point for legislators opposed to a huge bailout bill to get the financial system back on track. Before the failure of President Bush's first $700 bailout bill on Monday, a memo urged 100 or so conservative Republicans to call for a "

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TAGS:
economics

5 Lessons for the Next Financial Mania

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Why do we keep relearning the simplest rules in the world?

Buyer beware. Cut your losses. What goes up must come down. If it seems too good to be true, it probably is. No matter how complex the market meltdown of 2008 might seem, all of these simple aphorisms—clichés, really—directly apply.

Of ...

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TAGS:
Wall Street
stock market

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