Let's take an historical look down memory lane and take the pulse of the ever exciting Initial Public Offerings of yore and now.
In the December quarter of 2004, there were 53 IPO's.
In the December quarter of 2005, there were 39 IPO's.
In the December quarter of 2006, there were 73 IPO's.
In the December quarter of 2007, there were 71 IPO's.
In the December quarter of 2008, there was 1 IPO.
In January of 2009, there were 0 IPO's.
So far in February of 2009, there has been 1 IPO.
It's as if we fell off a cliff and hit a brick wall.
The Dupes of War: Mises on Statism, Propaganda, and Foreign Conflict
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Mark Thornton warns that war propaganda turns citizens into dupes. Ludwig
von Mises’s critique of statism explains why foreign conflicts keep
returning.
15 hours ago
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