Tag Archive for Catfish

Fish Markets Muddy the Water of Capitalism

9be66c11-bf12-46fd-8e6b-256e5e4b1d4b

By James Rhodes – HANOI, Vietnam – When I taught economics at the college level, my students learned that our capitalistic system which included production, industry, distribution and delivery systems under private ownership operated for profit. All decisions regarding supply, demand, price, distribution, and investments were made by the market and never by the government.…