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Category Archives: Economy
The Trifecta of Depravity
You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts. The rich have never had it so good. A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, government meddling, inequality, john maynard keynes, paul krugman, thomas piketty
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Economic Blasphemy
Last week the Bureau of Economic Analysis made a revision. You may have heard about it. According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading
The Successor to Keynes
The Successor to Keynes By Jeff Thomas, International Man Europe is abuzz with Capital in the Twenty-First Century by French economist Thomas Piketty, released in Europe in March of this year and now a best-seller. It has since crossed the Atlantic and … Continue reading
Treadmill Economics
A day hardly goes by that doesn’t offer the unexpected. Just when we thought the economy was rolling over to take a big fall something remarkable happened… “Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by … Continue reading
Posted in Economy, MN Gordon
Tagged bureau of labor statistics, jobs, labor department, president obama, retirement, saving
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