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Sunday's distorted market appears safe for now.
How can any alternative solution compete in this distorted market?
This is a highly distorted market where intervention is needed.
They also argue that the Fed's actions have already distorted market prices.
In this new environment, 'managed competition' produces an increasingly distorted market.
I.e.: it was the profit motive and distorted market prices that led them astray, not government policy.
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We are not witnessing a crisis of the free market but a crisis of distorted markets.
meetings 10 years ago — to avoid conflicts of interest that led to biased recommendations and distorted markets — still holds true today.
An IMF paper, Taxing Financial Transactions: Issues and Evidence, said securities transactions taxes (STT) existed in many countries with little evidence that they distorted markets.
Before the country got a grip on inflation in 1995, even the most inept Brazilian banker could make a comfortable living simply by playing distorted markets and financing the budget deficit.
The problem may not be with how markets should or do work, but with our political system, which has failed to ensure that markets are competitive, and has designed rules that sustain distorted markets in which corporations and the rich can (and unfortunately do) exploit everyone else.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com