Monthly Archives: December 2012

The paper by which Ben Franklin invented monetarism, liquidity preference, REITs and labour economics

Benjamin Franklin wrote a piece in 1729 entitled A Modest Enquiry into the Nature and Necessity of a Paper-Currency. The contents of which surprised me a great deal.  Ben Franklin champions ideas that are attributed to Marx, Keynes and others 150-250 … Continue reading

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The incredible vanishing equity supply

In the jilted age of cynicism towards our institutions, the enormous success of capitalism over the past 60 years can be summed into the above chart.  It represents the cumulative effect of households systematically investing in equities, and then selling … Continue reading

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