Author Archives: MN Gordon
Tasting the Forbidden Fruit
Make no mistake, consumers and businesses got themselves into this mess. No one held a gun to their heads and forced them to borrow money. They did it to themselves. Continue reading
How the Fed Retarded the Residential Real Estate Market
Even though houses are completely unaffordable, prices remain high because the supply is ultra-constrained. The Fed, in essence, retarded the residential real estate market. Only well-intentioned central planners could accomplish such a feat. Continue reading
Lies, Witch Hunts, and America’s Next Rendezvous with Madness
Today, science has rolled away many of the fantastic horrors that our ancestors grappled with. Still, there are phenomena that remain which science and philosophy cannot readily explain. That is to say, there are mysteries and unknowns that cannot be reconciled like fitting together pieces of a puzzle. Continue reading
How Washington Ruined America’s Future
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. Continue reading