Author Archives: MN Gordon
No Free Lunches Be Damned
“There ain’t no such thing as a free lunch,” is one of the essential axioms of economics. No doubt about it, there’s no getting around this simple truth. Everything has a price. For example, even if someone buys you lunch … Continue reading
Alan Greenspan’s Pickled Economy
Former Federal Reserve Chairman Alan Greenspan resurfaced this week. We couldn’t recall the last time we’d heard from him. But, alas, the old fellow’s in desolate despair. On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite … Continue reading
Day of Reckoning Imminent
It all seems so systematic, arranged, and orderly. Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. Roughly every 30 days the moon … Continue reading
Welcome to the New Dark Ages
The popular notion that the economy’s doing just fine is losing acceptance with each passing week. Politicians, central bankers, brokers, and even the nightly news broadcasters can no longer pretend everything’s going according to script. All at once, no one … Continue reading
