Author Archives: MN Gordon
There’s No Such Thing as a Free Lunch
By all accounts the sky was falling on December 5, 2008. Several months before, credit market liquidity had glazed over like cold winter molasses and, after over 150-years of business, Lehman Brothers had ignominiously vanished from the face of the … Continue reading
Requiem for a Dictator: Kim Jong-il
There are places on the face of the earth where, although the sun may occasionally shine, they’ve never seen a ray of light. There’s a cold dry Siberian no man’s land that extends east from the Ural Mountains to the … Continue reading
How to Catch Fate’s Fortune
Believing In an Absurdity [Editor’s note: Today’s Economic Prism is an excerpt of remarks made by Direct Expressions’ President and Founder MN Gordon at the annual company holiday party held last Saturday at the 555 East Steakhouse.] “Fate throws fortune, but … Continue reading
In Praise of Scrooge
Federal Reserve Chairman Ben Bernanke did something extraordinarily remarkable on Tuesday…he did nothing. Following the Federal Open Market Committee meeting, if you can believe it, Bernanke’s Fed statement made no monetary policy changes. Certainly, this is an exceptional feat. Remember, … Continue reading
