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Economist Requantifies 20th Century US Corporate Landscape

An Alternate View of The American Corporation: Economist Reassesses Twentieth-Century Business

Opinion: Rising prices evoke 1970s' stagflation economy – we must learn history's lessons

The recent flare-up of inflation calls to mind the Great Inflation of the late 1970s – we need to remember the lessons of the past

Rising prices evoke 1970s' stagflation economy

Richard N. Langlois is a professor of economics at the University of Connecticut and the author of The Corporation and the Twentieth Century: The History of…

Detailed text transcripts for TV channel - MSNBC - 20131213:08:55:00

Was profitable. 2006, 2007, 2008, 2010. four years, okay? the years it was not profitable, 2001 3, 4, 5, 8, and 9. which is to say, matt, it is not profitable more than it is profitable. i don t understand how the modern airline industry exists. well, it starts, there was a certain amount of bailouts at one point. right, good point. start with bailouts. that s crucial to any sort of good old-fashioned american business enterprise, but also, we have quite a few fewer airlines than we used to have. a lot of these airlines went bankrupt, precisely because it hasn t been a profitable industry. and a lot of the people who work in this industry have taken it on the chin as well. you know, investors who put their money into these companies lost it. banks who lent money to airlines lost it. taxpayers have put money in. and the unions have made a lot of givebacks over the past 10, 15 years. it s been, you know, the competition has been good in a lot of ways for consumers, but it s