Economist: Robert E. Litan

Academic, Author, Economist, Journalist, People

Robert E. Litan Robert Litan is a Non-Resident Senior Fellow at the Brookings Institution, where he has previously been a Senior Fellow on staff, and Vice President and Director of Economic Studies. His current research focuses on federal regulation, entrepreneurship, and a broad range of economic policy subjects.

Litan is also a practicing attorney, as a partner with the law firm of Korein, Tillery, based in St. Louis and Chicago. He previously was a partner, Of counsel and associate with two Washington, D.C. law firms, and served during the first term of the Clinton Administration as Principal Deputy Assistant Attorney General in the Antitrust Division of the Justice Department, where he oversaw civil non-merger litigation and the Department’s positions on regulatory matters, primarily in telecommunications. Continue reading “Economist: Robert E. Litan”

Economist: Thomas Sowell

Economist, People

Thomas Sowell  (/soʊl/; born June 30, 1930) is an American economist, social theorist, and senior fellow at Stanford University’s Hoover Institution.

Born in North Carolina, Sowell grew up in Harlem, New York. He dropped out of Stuyvesant High School and served in the Marine Corps during the Korean War. Upon returning to the United States, Sowell enrolled at Harvard University, graduating magna cum laude[1] in 1958. He received a master’s degree from Columbia University in 1959, and earned his doctorate in economics from the University of Chicago in 1968. Continue reading “Economist: Thomas Sowell”

Article: The GameStop Saga Exposed the True State of our “Free” Marke

Administration, Economist

The GameStop Saga Exposed the True State of our “Free” Market

Last week was a crazy week for the markets, to say the least. The retail bros were back to troll Wall Street. But this time, their victims were some of the biggest names on Wall Street. Hedge Funders like Ken Griffin, Steve Cohen, and Point72 (Steven Cohen’s fund) alumnus Gabe Plotkin.

Then Chamath Palihapitiya joined the GameStop parade and promised to donate all of his profits to David Portnoy’s Barstool Small Business Fund created to support America’s small businesses affected by the Pandemic.

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THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?