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Monthly Archives: July 2023
Lies, Witch Hunts, and America’s Next Rendezvous with Madness
Today, science has rolled away many of the fantastic horrors that our ancestors grappled with. Still, there are phenomena that remain which science and philosophy cannot readily explain. That is to say, there are mysteries and unknowns that cannot be reconciled like fitting together pieces of a puzzle. Continue reading
Posted in MN Gordon, Politics
Tagged gallows hill, madness, reverend samuel parris, salem witch trials, tituba
3 Comments
How Washington Ruined America’s Future
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, GDP, government action, interest rate, janet yellen
21 Comments
Are You Willing to Starve for the Greater Good?
Central planners are pulling double shifts. Contriving plans and proposals to control what you consume, how you travel and cook, where your money is spent, and much, much more. Continue reading
Posted in MN Gordon, Politics
Tagged agriculture, central planning, climate crisis, das kapital, famine, karl marx
30 Comments
Welcome to the Era of Targeted Bailouts
Here at the Economic Prism, we’re opposed to market intervention and bailouts of all colors and stripes. The conceit of it all, that a collection of unelected bureaucrats knows what’s best for a 330-million-person economy, sticks in our craw like a broken chicken bone. Continue reading
Posted in Inflation, MN Gordon
Tagged bailouts, business cycle, debt, default, fed put, federal reserve
1 Comment