Lobster Issue 59 (Summer 2010)
[PDF file]: […] invariably occur in difficult economic times, either at the very end of overheated boom or on the downturn. In boom times, incompetence and even fraud can be hidden by a company because confidence is high, money is plentiful and cheap and customers easy to find; legal regulation becomes lax and self-regulation next to nonexistent. […]
Lobster Issue 59 (Summer 2010)
[PDF file]: […] either efficient or fair, or is leading to the well-being of society.’ (p. 200). What Stiglitz is complaining about here is both the amount of taxpayer subsidy, hidden and overt which American business receives, from agricultural subsidies to the present gigantic banking bailout, and the general ability of corporate America to reduce competition through […]
Lobster Issue 71 (Summer 2016)
[PDF file]: […] in supporting the Taliban is now comparatively well-known and widely acknowledged, the role of the Saudis in sponsoring first AQI and later Islamic State (ISIS) still remains hidden, indeed positively taboo. The best way to regard ISIS is as a monster created, at least in part, by a Saudi Frankenstein: a monster that has […]
Lobster Issue 70 (Winter 2015)
[PDF file]: […] served with a subpoena. This proves to be the key to understanding a substantial part of this episode. The FBI’s mail interception program had to be kept hidden (in fact it did not come to light until the 1970s); and doing so meant that the fact that the mis-addressed Nixie parcel had almost been […]