Author Archives: MN Gordon
The Trifecta of Depravity
You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts. The rich have never had it so good. A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading
Cause and Effect of a Broken Market
According to the professionals, the economy’s improving. Can you believe it? Despite the fact that first quarter GDP declined at an annual rate of 1 percent, economists are coming up with the darnedest reason why things are getting better. “Late … Continue reading
How to Profit from Obama’s War on Coal
Republican leaders are up in arms. House Speaker John Boehner calls it “nuts”. Senate Minority Leader Mitch McConnell said it’s a “lose-lose proposition”. No, we’re not referring to President Obama’s gum chewing faux pas at the D-Day anniversary in Normandy … Continue reading
Monetary Activism
Sometime in the 1950s twentieth century economist Hyman Minsky developed his Financial Instability Hypothesis. At the cornerstone, is the notion that economic stability breeds instability. How’s that possible? As Minsky observed, financial crisis follow periods of economic prosperity. These periods … Continue reading
