This morning I heard famous Harvard Business School (HBS) professor Michael Porter on bubble vision. He was lamenting the lack of a national economic policy and saying that on the margin he'd give the nod to Hillary Clinton's approach to fixing the nation's economic malaise. Funny thing. Way back in the mist of time when I was at Harvard Divinity School in the late 1960s, I had gotten the impression that HBS-----over on yonder side of the Charles River------was all about capitalism and how to thrive as a practitioner thereof.
An Idea For Harvard Professor Porter----Let's Try Capitalism, Again!
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.