Category Archives: MN Gordon
Keep Your Eyes on the Road
The stock market, as measured by the S&P 500, continues to inflate. But this isn’t a sign of economic health. In fact, a scratch below the surface reveals an economy that is much weaker than advertised. Continue reading
Where’s the Beef?
The year was 1984. The fast-food landscape was dominated by two giants: McDonald’s and Burger King. But a third player, Wendy’s, was making its mark with a new advertising campaign. Continue reading
On Black Swans and White Lies
There was an old European belief that persisted for centuries. People were convinced that all swans were white. Their reasoning was founded in logic and supported by empirical evidence. Continue reading
The Unvirtuous Cycle of Rate Cuts
Trying to artificially control things like interest rates without understanding the underlying economic realities leads to an unvirtuous cycle full of unintended, and often unpleasant, consequences. Over the last 112 years this has resulted in a steadily declining dollar and massive debt and deficits. Continue reading
