John S. Chamberlain

John S. Chamberlain lives in Natick, Massachusetts, and works as a software engineer specializing in earth science and artificial intelligence. He has an A.B. in politics from Princeton University and an M.S. in computer science from Northeastern University.

All Works

A Short History of US Credit Defaults

The FedU.S. EconomyU.S. History

07/15/2011Mises Daily ArticlesJohn S. Chamberlain

A credit default is not unprecedented. One occurred as early as 1777 and another as late as 1979.

Ten Economic Blunders from History

Big GovernmentInterventionism

07/07/2010Mises MediaJohn S. Chamberlain

Take cover when you hear a political leader talking about economic affairs. You can bet a bad decision is incoming.

Ten Economic Blunders from History

Big GovernmentWorld HistoryInterventionismOther Schools of Thought

07/07/2010Mises Daily ArticlesJohn S. Chamberlain

On January 22, 1991, Mikhail Gorbachev, the president of the Soviet Union, decreed that all existing 50- and 100-ruble banknotes were no longer legal tender and that they could be exchanged for new notes for three days only and only in small quantities. This had the effect of instantly deleting...

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