s&p 500 index

Are Stocks Fairly Priced? Efficient Markets and Inefficient Politics

By |2012-04-16T16:20:38-04:00April 15th, 2012|Economy, Markets|

Thinking Things Over     April 15, 2012 Volume II, Number 15: Are Stocks Fairly Priced?  Efficient Markets and Inefficient Politics  By John L. Chapman, Ph.D.       Canton, Ohio. Investors are living through an era of extraordinary uncertainty, as evinced by the incredibly wide range of professional opinion available at the moment from amongst the economic and financial commentariat.  In the following essay we offer a rationale [...]

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The Fatal Conceit of Politicians

By |2012-03-18T18:08:10-04:00March 18th, 2012|Economy, Markets|

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 500 Index closed at 1404, [...]

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