September 18, 2012 Wes Chapman “Capital goes where it's welcome and stays where it's well treated” Walter Wriston I was struck by a recent [...]
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Category "Economic Policy"
Complexity Theory and the 8% Projected Return on Pension Assets
Cry havoc, and let slip the actuaries! With apologies to William Shakespeare Cheap money, persistent disequilibria, actuarial follies & the looming pension [...]
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Chaos Theory, Sub-Prime Mortgages & Positive Feedback Loops
Capitalism at a Cross Roads Considerations of Persistent Disequilibria and Positive Feedback: Finding the Butterfly Wes Chapman April 8, 2012 PREFACE The twin marvels of truly [...]
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Chaos Theory, Metcalfe’s Law, and the Valuation of Social Networks
Capitalism at a Cross Roads Metcalfe’s Law and the Issues of Social Network Valuations: Finding the Butterfly PREFACE Metcalfe’s Law: The value of a [...]
Read moreChaos Theory in Financial Markets: The Fed’s Dual Mandate
Capitalism at a Cross Roads The Fed’s Dual Mandate and the Birth of Crybaby Capitalism: Finding the Butterfly PREFACE Crybaby Capitalism: n (ca. 2007) [...]
Read moreChaos Theory in Financial Markets: The Fiasco of Bankruptcy Reform
Capitalism at a Crossroads The Fiasco of Bankruptcy Reform: Finding the Butterfly PREFACE The Great Recession is a rolling disaster that the world economy [...]
Read moreThe 7% Solution: A Trigger for Fiscal Collapse?
A Curious Relationship between Addictions to Cocaine and Cheap Money Sherlock Holmes Meets Silvio Berlusconi & George Papandreou I have long likened [...]
Read moreThe Greek Credit Crisis And the Conundrum of Odious Debt
Greece – A country with a Troubled Credit History Over the last 60 years Greece has become one of the most [...]
Read moreThe Fed’s Failed Policy: Fighting Housing Deflation
Agricultural Adjustment Act of 1933: A Distant Mirror for Deflation Fighters Ben Bernanke & the Fear of Deflation Ben Bernanke has vowed to [...]
Read moreThe End of the Euro
€ - RIP The Unfortunate Demise of a Reserve Currency The Euro was a spectacular effort to create an international de jure [...]
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