The argument made here is that the political stalemate on the Federal Financial Crisis is the canary singing in the mineshaft that assumptions about economic growth are wrong. Something in the American economy has fundamentally, and unalterably changed the ability of the economy to grow at...

Applied to capital markets, the introduction of the internet initially changed the relationships between the supply of capital, the demand for capital and the professional intermediaries who make deals happen. In evolutionary terms, the introduction of the internet in capital markets is like the...

The biggest economic problem in America is the lack of jobs. The rate of job destruction for the past 15 years, mostly in large multi-national corporations, is much greater than the rate of job creation, mostly coming from established technology companies that are over three years old.If the...

Why Would The SEC Delay Doing What Congress Told Them To Do About Implementing Crowd Funding?Most of the traditional economic equilibrium theory would have a hard time explaining why the SEC has not moved forward with rules for crowd funding, under Title II and III of the JOBS Act of 2012.To...

There are four areas of conflict of interest between the goals of democratically elected representatives in promoting regional technological innovation, and the goals of the senior managers of global corporations. These four conflicts involve:1. a conflict over information flows between...

Prior to his death, Wassily Leontief, the Father of Input-Output economics, had been working on a modification of his econometric model to make it more applicable as a tool for investigating the impact of capital investments made in one sector on the rest of the entire economy.In his last...

Oil payments made to OPEC in US dollar constitute a dual financial relationship. In other words, the oil acts like collateral value for the dollar, while the strength of the US economy acts like collateral value for OPEC countries.In other words, the favored position of the US dollar acting as...

Technological innovation causes new markets to be created that did not exist before. In the case of private capital markets on the internet, two important new markets are the affinity market of users who share an interest with each other, and the affiliate market of users, who have some...

A recent revision to the 1933 Securities Act allows small companies to raise small amounts of capital using the internet to attract potential investors. Section 4 of the Securities Act of 1933 (15 U.S.C. 77d) was amended to allow companies to solicit investors via internet social media.The 1933...

At the time of the earlier SSRN article about Georgia, it was not public knowledge of the role of NASAA, or the N. C. Secretary of State, in coordinating the political efforts across state and national boundaries. The N. C. Secretary of State had decided to keep her initiatives at NASAA secret,...