Articles by John L. Chapman
Why Obama's Economic Plan Will Fail
The recent passage of the $787 billion malapropism known as the "American Recovery and Reinvestment Act of 2009" on Friday the 13th was full of irony. Beyond the portentous date of passage, or its questionable moniker, was the ugly process...
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Stimulus vs. Growth
Can Keynesian-style short term stimulus engender economic growth and forestall recession? Or is such a package of no effect or even harmful to the economy? This essay examines this question differently from recent commentary, via a return to fundamentals....
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Private Equity: Time Is of the Essence
In an economy with $47 trillion in financial assets, how important is the $2 trillion private equity (PE) sector to economic growth in the United States? Does the tax structure for the sector matter, with respect to its potential...
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