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Category Archives: Economy
Here Comes the Flood
The United States’ economy is flying high. In fact, when compared to Japan and Europe, the state of the union is strong and prosperous. What’s more, it’s only getting better. The unemployment rate continues its slow soft slide downward. It … Continue reading
Posted in Economy, MN Gordon
Tagged easter island, foreign inflows, manias, overseas investors, panics
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How to Kill a City Financially
There are pleasant hamlets where the radiant warmth of sunshine smiles down and sprinkles daily blessings and abundance. There are other places where the sun no longer shines. Remnants of past jollies cast shadows of decay. Sources of prosperity have … Continue reading
Posted in Economy, MN Gordon
Tagged anthracite coal, bankruptcy, knox mine disaster, scranton, taxes
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Consumers Don’t Stand a Chance
Most economists don’t do any favors for the esteem of their trade. They take ideas a third grader would know are idiotic and champion them with bluster and bravado. Hardly a day goes by where some economist doesn’t prove he’s … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, collapse, consumer, spending, stimulus
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An Autumn Encounter with the Headless Horseman
A pleasing land of drowsy head it was, Of dreams that wave before the half-shut eye; And of gay castles in the clouds that pass, Forever flushing round a summer sky. CASTLE OF INDOLENCE Apple Country Oak Glen, California, located … Continue reading