IN HIS LOVE of lucre Donald Trump can be crass. In their pursuit of efficiency, free-marketeers can be, too. Consider the sale of citizenship. Most people dislike the idea of treating national belonging as a commodity. Yet a dozen or so countries hawk passports and more than 60, including America, offer residency in exchange for an investment or donation. The country’s “golden visa” scheme is cumbersome, underpriced and inefficient. On this point, the president and the market agree.
People who can recall or who are aware of President Dwight D. Eisenhower’s farewell speech to the nation in January...
This is Naked Capitalism fundraising week. 1314 donors have already invested in our efforts to combat corruption and predatory conduct,...
Stories are circulating that Barack Obama funneled money through the Cayman Islands to NGOs. While that cannot be entirely verified,...
Taiwan’s global dominance of semiconductor chip manufacturing has been at the forefront of the US-China technology war. The focus...
This is Naked Capitalism fundraising week. 1221 donors have already invested in our efforts to combat corruption and predatory conduct,...
On Monday, the long-rumored deal was made official as Paramount bought the online media outlet The Free Press and named...
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