Mises Wire
Author:
Artur Marion Ceolin
Online Publish Date:
promised to bury “old management” practices and to implement employee satisfaction policies. With negative or artificially low interest rates and lower opportunity profits for investors, these companies just burned investors’ money and treated competitive capitalism as a bad joke that could be surpassed by a teenager’s dream expansion was artificial, and that one day the bust would bring the least competitive companies to their knees. They didn’t prepare themselves for the