Thinking Things Over: How Does an Economy Grow?
Thinking Things Over Musings on the Markets from Inside the Beltway By John L. Chapman, Ph.D. Vol. I, No.6...
View ArticleContrarian Alert
Before looking at the household sector, a client asked me this week what the US needs to do to get out of this slump. My response sounded eerily similar to Ronald Reagan. I googled some memorable...
View ArticleThinking Things Over: Remembering Milton Friedman in the Torpor of 1980
Thinking Things Over May 28, 2012 Volume II, Number 21: Remembering Milton Friedman in the Torpor of 1980 By John L. Chapman, Ph.D. Washington, D.C. Amidst continuing nervousness about...
View ArticleWhat Comes Next; Part 1, Useful History of the 20th Century
Value as a foundation seems almost too literal to be an economic or financial concept, but it is perhaps the bedrock association that makes the economic system. We are used to aspects like profits and...
View ArticleWhat Comes Next; Part 2, The Looming Transformation
Part 1 is here, the history of defining systemic operation since 1907. The quest over equality or the “right” to impose optimal outcomes is one that cannot go backward. The inevitable failures lead no...
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