Author Archives: MN Gordon

Banking On Magic

American consumers are being squeezed. Between high grocery prices, rising utility bills, and hefty prices at the pump, little float remains in monthly budgets. An unexpected medical bill or car repair is all it takes to blow the household budget. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | Leave a comment

The Amsterdam of AI

There is a certain breed of politicians operating in American government today that can’t seem to keep their grubby hands out of the fruits of private wealth. They’re unwilling to recognize that new wealth generated by private enterprise benefits everyone. Blind to the bloody lessons of history, and entrenched in politics of envy, they endeavor to confiscate and redistribute that which does not belong to them. Continue reading

Posted in Business, MN Gordon | Tagged , , , , | Leave a comment

California’s Self-Inflicted Squeeze

Policymakers in Sacramento, over many decades, have operated under the assumption that if petroleum production, refining capacity, and fuel consumption were made sufficiently difficult and expensive, the market would rapidly transition to their preferred alternatives. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | Leave a comment

From Pharaohs to the Fed

Since the very beginning of ordered government, rulers and their administrators have endeavored to control their economies. The conviction that there is a fair price for a certain good, and that it ought to be imposed by government decree, is a foolishness nearly all rulers are incapable of resisting. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | Leave a comment