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Monthly Archives: July 2022
Paying the Price for Krugman’s Terrible Mistake
Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Continue reading
Posted in Inflation, MN Gordon
Tagged cpi, GDP, janet yellen, paul krugman, the new york times
22 Comments
How Central Planners Sow Seeds of Economic Ruin
U.S. money printers have recklessly sown dollars in fruitless places over the last 50-years. They’ve squandered opportunities for greater economic growth by sprinkling debt based money into fields with little to no potential for productivity. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, collapse, government meddling, parable of the sower, taxes
24 Comments
Modern Monetary Theory Bites the Dust
Fashion changes from one year to the next so fast it’s best to ignore it. Not only will you save money by not chasing the latest shiny object. You’ll also retain more of the most valuable commodity of all. Your time. Continue reading
Posted in Inflation, MN Gordon
Tagged ice cube, mmt, modern monetary theory, stephanie kelton, the deficit myth
22 Comments
Does the American State Deserve Collapse?
Monetary, fiscal, economic, political, and military affairs are tightly interwoven into the fabric of a nation. The primary thread extending throughout is the state’s endless desire to dominate and centralize the supply of money. Continue reading
Posted in MN Gordon, Politics
Tagged adam smith, decline and fall, edward gibbon, marcus aurelius, roman empire
7 Comments