[T]he Internal Revenue Service in 2003 released its first public analysis of tax returns filed by the 400 highest income Americans... from 1992 to 20… - David Cay Johnston

What about competent managers? ...Vladimir Putin seems to be a reasonably competent manager... the leader of the biggest international gang in the world. These are the criminals who stole the wealth of the old Soviet... and the way that criminal gang leaders work... "This is your territory, that's your territory. Don't bother me. If there's a problem I'll intervene. If necessary I'll have one of you wacked. Because I want to do what I want to do." By the way, that's the way the s operated in Egypt. "I don't want to deal with people's petty problems." So they set up the equivalent of a modern wage and hour court in 1350 BC. You delegate... you set certain boundaries. That's how tyrants operate.

In 1990, I broke the story that, instead of being worth billions, as he'd claimed, Trump actually had a negative and escaped a chaotic collapse into personal bankruptcy only when the government took his side over the banks...

We were promised that... markets would provide solutions. A lot of my book is a defense of markets. The Supreme Court says a market is where independent parties, neither under duress or coercion, and with knowledge of the facts, come to an agreement on a price. That's not what a lot of our new markets do. We now have markets designed to thwart competition... Adam Smith's invisible hand of the market, in which there are lots of sellers, and smart consumers who can compare prices, and this drives prices down... to the lowest level at which businesses can continue to operate. We've replaced that, through government policies, with practices that artificially restrict competition... raise prices... inflate profits; all under the guise of conservatism, and "the markets will solve our problems."