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Category Archives: Economy
How to Tackle the Depression Head On
By and large, the challenges facing the economy have everything to do with central government. Over the last 40 years, as the Fed and the Treasury colluded to rig the financial system in totality, wealth has become ever more concentrated in fewer and fewer insider hands. The effect over the last decade has been a disparity that’s so magnified few can ignore it. Continue reading
Posted in Economy, MN Gordon
Tagged collapse, congress, economic stimulus, federal reserve, government meddling
23 Comments
Your Figuring Central Planners At Work
The central planners never hit their inflation targets. But, in spraying the economy with birdshot, they cause massive disruption. This aside, assuming the central planners at the Fed could target price inflation, what rate of inflation would they precisely pinpoint? Continue reading
Posted in Economy, MN Gordon
Tagged central planning, federal reserve, inflation targeting, jerome powell, robert kaplan
17 Comments
Best Laid Schemes
The grand plans of our local officials in Long Beach have been foiled by the coronavirus bug. After seven years of construction, at a cost of $1.5 billion, they can’t even hold a proper ribbon-cutting. Continue reading
Posted in Economy, MN Gordon
Tagged best laid schemes, bonnie lowenthal, gerald desmond bridge replacement, long beach, port, robert burns, to a mouse
13 Comments
Something Worth Striving For
The days are long and hot in the Northern Hemisphere when real American patriots spit upon their hands and hoist the stars and stripes. On July 4, the free and brave, with duty and self-sacrifice, begrudgingly accept federal holiday pay to stand tall upon their own two feet. Rugged individualism and uncompromising independence are essential to their character. Continue reading
Posted in Economy, MN Gordon
Tagged creative destruction, freedom, independence day, liberty, steve rocco, world industries
24 Comments