The roots of the neoliberal program are found in the late 19supth/sup century. The growth of large corporations, trade unions, and government programs surrounding social insurance ran counter to classical liberal ideology that centered on private property, market competition and laissez faire....

An issue raised regarding recent fraudulent activities in the financial sector of the economy is whether fraud is systemic, thus part and parcel of observed financial instability, or of a less important, ancillary nature that can be controlled through effective regulation. Examining the issue...