john maynard keynes

Better Policies Stem from Seeing the Economy Clearly and Correctly

Thinking Things Over              November 19, 2011 Volume I, Number 18:  Better Policies Stem from Seeing the Economy Clearly and Correctly (Part 2 of 3)  By John L. Chapman, Ph.D.                                                                                                                         Washington, D.C. Suppose you were overweight and needed to go on a diet.  You set about to gather information on the topic in order to form a .. read more

What if Economists Are Trying to End This Slump Using the Wrong Model?

Thinking Things Over              November 12, 2011 Volume I, Number 17:  What if Economists Are Trying to End This Slump Using the Wrong Model? (Part 1 of 3)  By John L. Chapman, Ph.D.                                                                                                                         Washington, D.C. In 1633 Galileo faced the Roman Inquisition for committing the heresy of challenging the geocentric view of the universe, in place since .. read more

2012 is Another Repassage of Keynes versus Hayek

Thinking Things Over              November 6, 2011 Volume I, Number 16: 2012 is Another Repassage of Keynes versus Hayek   By John L. Chapman, Ph.D.                                                                                                                         Washington, D.C. The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood.  Indeed, the world is ruled by little else. Practical .. read more

Keynes’ War on Capital Formation

By John L. Chapman, Ph.D.                                                                                                                                               Washington, D.C.                                                                                                                                                              November 2, 2011 As civil society in Greece implodes before our very eyes in the current moment, it is fair to ask, what has caused the disintegration of this ancient race, that is in many ways the progenitor of modern civilization?  A short answer from a typical “policy .. read more

Eurozone Debt, Money, Capital, and Naked Emperors

Thinking Things Over              October 28, 2011 Volume I, Number 15:  Eurozone Debt, Money, Capital, and Naked Emperors By John L. Chapman, Ph.D.                                                                                                                         Washington, D.C. In reviewing the details of the Greek bailout/Eurozone debt “deal” hammered out early Thursday morning alongside the Federal Reserve Board’s likely meeting agenda for next week, two books, written a century apart and .. read more

The Errors of Keynes, the Economics Profession, and Economically Illiterate Legislators

By John L. Chapman, Ph.D.                                                                                                                                                  Washington, D.C. The world economy has now entered its fourth year of deep troubles, with the Eurozone at zero growth and a few of its countries near default; China threatened with collapse of its bubble economy; Japan still lost after 20 years and now burdened by a crushing public debt and .. read more

An Imperiled Obama Presidency, & What It Means for Investors

Thinking Things Over Musings on the Markets from Inside the Beltway By John L. Chapman, Ph.D.                                                                                                       Volume I, No. 8    091111 In this note: A word about September 11 Addendum to last week’s comment on Solyndra President Obama’s speech, and its portrayal of the seminal intellectual error that will likely end his Presidency Ben Bernanke: .. read more