Quote Originally Posted by slapout9 View Post
He is convinced our economic models will fail because of Criminality!!!!!he believes the best economist to explain the current situation besides himself is Thorsten Veblen.(brief synopsis: Veblen believed whenever you have unregulated free markets sooner or later they will all be taken over by crooks)
However, they fail to consider that so too will regulated markets also be taken over by crooks -- as will centralized economies. Instead of moaning about those facts, just accept 'em as a part of the human condition and insert checks and balances to counter quite normal and always present human greed. The human condition is inherently unstable -- that is not going to change, perfect security and / or stability will never be attained as long as animals are involved...