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Thinking Things Over April 8, 2012 Volume II, Number 14: Liquidity Traps, Unemployment, and the Future of U.S. Equity Markets By John L. Chapman, Ph.D. Canton, Ohio. Friday's less-than-robust unemployment report has its origins in monetary mismanagement, with attendant consequences for investors. In the following essay we connect the dots. In the spring of 2003 [...]
Thinking Things Over March 18, 2012 Volume II, Number 11: The Fatal Conceit of Politicians By John L. Chapman, Ph.D. Washington, D.C. The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. -- F.A. Hayek, The Fatal Conceit On March 15 the S&P [...]
Thinking Things Over February 26, 2012 Volume II, Number 8: The Stock Market, Dependent upon Economic Policy Prospects, Will Predict November's Election Winner By John L. Chapman, Ph.D. Washington, D.C. I refuse to leave our children with a debt they cannot repay. We cannot and will not sustain deficits like these without end. ... We cannot [...]
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