Author Archives: MN Gordon
Stunting the Lives of Millions
An extraordinary occurrence took place last Friday. Congress let a temporary $5 billion food stamp stimulus from the 2009 Recovery Act expire. We can’t recall ever hearing of a federal program becoming smaller. Can you? As a result, one in … Continue reading
Dependent Upon A Bankrupt System
Ralph Waldo Emerson, in the mid-19th century, observed that “Society is always taken by surprise at any new example of common sense.” Perhaps Emerson meant that common sense is rather uncommon. What’s more, if common sense was uncommon in Emerson’s … Continue reading
Property Confiscation Is Coming
Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism. There’s no justification we can rationalize for state sponsored theft. This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading
Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
