Liquidity Traps, Unemployment, and the Future of U.S. Equity Markets

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 .. read more

Rothbard Saw This Coming

In his book The Case for a 100 Percent Gold Dollar, Murray Rothbard predicted the current banking crisis (via Mises Economics Blog): From The Case for a 100% Gold Dollar (hardcopy, html, and pdf): At some point in the possibly near future, perhaps in the next recession and the next spate of bad bank loans, .. read more