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Monthly Archives: May 2012
The Breakdown of Planned Economies
Something big is coming to a head and there’s nothing to stop it. Over the last half century – or longer – more and more intelligent and able people have become encumbered by government programs of compulsory philanthropy. In some … Continue reading
Posted in Economy, MN Gordon
Tagged california, collapse, european central bank, freedom, government action, government meddling
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Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, DOW, federal reserve, john maynard keynes, monetizing debt, paul krugman, stimulus
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Is an Economic Deluge Nigh?
Is an Economic Deluge Nigh? By David Galland, Casey Research If history has taught one certain lesson, it is that the less fettered an economy, the better humankind is able to do what it does best: run from trouble and … Continue reading
Posted in David Galland, Economy
Tagged bubble, crash, debt, default, france, freedom, interest rate
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Why There Are No Jobs
What a week. On Tuesday the DOW finished the day at 13,279, its highest close since December 2007. In terms of the stock market, we’ve crossed the great divide…December 2007, remember, was pre-financial crisis. In fact, it was nearly a … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, DOW, jobs, labor department, treasuries
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