The distinguished-looking gentleman in the portrait is Walter Bagehot (pronounced “badget”). Dubbed “The Greatest Victorian”, Bagehot was a founder of…
Basel: Faulty – The Financial Crisis Revisited
In Which it is Proven that Bad Regulation Caused the 2008 Financial Crisis Charles Cranmer charlescranmer@gmail.com Abstract: In this paper I will…
Prepare for a Pivot on Steroids
Every year I construct a “Most Likely” forecast for the stock market. This forecast is based on all the variables I…
The Looming Liquidity Crisis and How to Fix It
I am convinced that a serious, perhaps catastrophic liquidity crunch is highly likely, if not inevitable. Indeed, it may be here…
Schumpeter in a Nutshell
An Annotated Outline of “Capitalism, Socialism, and Democracy” (CSD.) Hello fellow (and budding) Schumpeterians! Thanks for taking the time to look…