Author Archives: MN Gordon
Mandates and Morons: Twisting the World into a Madhouse
A win-win deal is a contract or transaction where both participants benefit. Usually this means both parties receive profits. Here’s a simple example how… An entrepreneur pencils out a money making enterprise…say an automatic car wash station. He makes some … Continue reading
How to Sleep Well During the Great Dollar Panic Ahead
Periods of epic price deflation have occurred several times in American history. The Great Depression, of course, is the only period still within living memory for some. But peering back another 100 years, there’s an instance of price deflation that … Continue reading
Disgraceful and Insulting
New discoveries were made on the economic front last week. The Labor Department reported that 163,000 jobs were added in July. Yet even with the new jobs, the unemployment rate rose to 8.3 percent. “We’ve still got too many folks … Continue reading
What You Can Do About the Drought and Rising Food Prices
Can you believe it? Yesterday European Central Bank President Mario Draghi failed to clarify what he meant last week when he promised business leaders in London to do “whatever it takes to preserve the euro.” Traders were looking for concrete … Continue reading
