Author Archives: MN Gordon

The Coming Debt Reckoning

American workers, as a whole, are facing a disagreeable disorder.  Their debt burdens are increasing.  Their incomes are stagnating. There are many reasons why.  In truth, it would take several large volumes to chronicle all of them.  But when you get down to … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 9 Comments

Ludwig von Mises’s Century of Validation

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

Posted in MN Gordon, Politics | Tagged , , , , | 15 Comments

Simple Math of Bank Horsepucky

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

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

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