per veritatem iustitia


This site discusses political economics and the stock market. Due to hacker activity, we pared this website to a few reviewed files. Please read this legal disclaimer before proceeding.


Comments:                           Policy                      Practice and Theory:    

Including 5/1/21 addenda       11/1/20       2/1/20         9/1/08         12/1/18    12/1/17

                                             n.b. 3/1/21       1/1/21         1/1/19   n.b. 6/1/19    12/1/19    


Pricing of the S&P 500       Index and Other Financial Assets         Asset Allocation

We are value investors, less concerned with the flux of current trading events; but more concerned with value, over the long-term, what you get from what you pay. Our 5/1/21 posting contained the current parameters we use to evaluate the required returns of the S&P 500 in comparison to bond assets. It is therefore not necessary to write more about this.

However, it is necessary to write about the increasingly important sources and uses of economic capital. This we shall continue to do in our essays.


We think these are the most relevant essays concerning the effects of rapid change upon societies:


1. What’s New: Is Truth, What Is? n.b.      Footnote 7


2. Theory and Practice in the Stock Market and Government n.b.


3. The Behavior of Modern Economies  n.b.


4. Political Philosophy and Economic Localization in a Time of Crisis   n.b.            

                          Footnote 1  Footnote 4


5. The Renaissance and the Modern World   n.b.

6. U.S. Democracy and Global Warming         Australia addenda & What Can Be Done

7.  The Feasibility of Renewable Energy

8. The Dimensions of Climate Change                                     Footnote 7

9. What to Do  (rev.)    Testing The Reasons,                           Footnote 12a

10.  Climate Change and the Economy                                       Additional Comment +

11. Adam Smith and the Modern World                                                                                                                                                                                                                                  

12. Values and Society                                                                   Footnote 17

13. How Liberal Societies Decide   n.b.                                      Addenda (i-v)

14. The Contours of Change

15. The Limitations of Very Limited Government

16. Reason, Economic Growth and Government

17.  Reason in the Modern World

18. The Necessity of Social Consensus 

19. The Effect of Broad Economic Forces on U.S. Workers  

20. The Effects of Automation on Work and Politics 

21. Modern Economics and Growth

22.The French Revolution of 1789 and the Precondition for Effective Change

23.The Nature of Stock Market Equilibrium


We hope these continuing discussions and articles will be helpful to you.