Category Archives: Economy

Treadmill Economics

Posted on May 6, 2014 by MN Gordon

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 →

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Listening to the Canary

Posted on April 22, 2014 by MN Gordon

Listening to the Canary By Terry Coxon, Senior Economist During World War II, the British Royal Air Force (RAF) undertook a plan of misdirection to allow a squadron of bombers to approach an exceptionally valuable target in Europe undetected.  The … Continue reading →

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Ventures Into Sophism

Posted on February 11, 2014 by MN Gordon

Last week, while everyone was busy watching the stock market wildly convulse about, something noteworthy occurred.  Oil prices eclipsed $100 per barrel.  Moreover, oil prices are up about 5 percent so far this year. “Oil futures rallied on Friday, tacking … Continue reading →

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Pray for Rain

Posted on February 4, 2014 by MN Gordon

Here in the Golden State everything’s brown.  The hillsides are dry and the scrubland vegetation’s a giant tinderbox.  Sierra snowpack is only 12 percent of normal…the lowest it’s ever been since California began keeping records in 1960. The wildfires don’t … Continue reading →

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