Monthly Archives: April 2017

Ludwig von Mises’s Century of Validation

Posted on April 28, 2017 by MN Gordon

It has been said that “the definition of insanity is doing the same thing over and over again and expecting different results.”  No one quite knows who first uttered this remark; it has been attributed to Albert Einstein, Mark Twain, … Continue reading →

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Simple Math of Bank Horsepucky

Posted on April 21, 2017 by MN Gordon

We stepped out on our front stoop Wednesday morning and paused to take it all in. The sky was at its darkest hour just before dawn.  The air was crisp.  There was a soft coastal fog.  The faint light of … Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Hell To Pay

Posted on April 14, 2017 by MN Gordon

Economic nonsense comes a dime a dozen.  For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.”  She even told the University of Michigan’s Ford School of Public Policy so earlier this week.  Does she know … Continue reading →

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Credit Contraction Episodes

Posted on April 7, 2017 by MN Gordon

Taking the path of least resistance doesn’t always lead to places worth going.  In fact, it often leads to places that are better to avoid.  Repeatedly skipping work to sleep in and living off credit cards will eventually lead to … Continue reading →

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