Author Archives: MN Gordon
Titanic Myths and the End of Consumer Capitalism
Next month marks the 100-year anniversary of the Titanic’s star-crossed demise into the frigid waters of the North Atlantic Ocean. To commemorate the occasion, the April edition of National Geographic features a cover story on the grand ocean liner and … Continue reading
Compulsory Profits Off the Back of Every American
In the fall of 2009, back when the sky was falling, Goldman Sachs’ top man, Lloyd Blankfein, explained to The Times of London that his bank was doing “God’s work.” At the time we weren’t sure what Blankfein was getting … Continue reading
The Fed’s Next Price Fixing Scheme and You
Free markets these days are always and everywhere under assault. Europe, China, Japan, and the United States, among others, are delving into extreme economic intervention. For whatever reason, uplifters around the globe have taken it upon themselves to meddle in … Continue reading
Sowing the Seeds of Mass Inflation
Around the time Elvis Presley choked on his last pill the impossible happened; inflation and unemployment increased simultaneously. Economists were confounded. According to the Philips curve there was supposed to be an inverse relationship between inflation and unemployment. When the … Continue reading
