An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, April 5, 2019
Richard Feloni — Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it
Ray Dalio's paper was linked to here yesterday. If you don't have time to read the whole thing, here's a summary.
Even quicker summary, Dalio is calling for more emphasis on a mixed economy that a market economy (or a command economy). Sounds like a New New Deal?
Business Insider
Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it
Richard Feloni
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