Category Archives: MN Gordon

Cal Worthington RIP

Today we continue our search for clarity in the muddy waters of economics.  We want to know what will happen tomorrow…today.  Moreover, we want to consider how to use our estimations of the future to our advantage. One way to … Continue reading

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The Economic Recovery that Never Was

“There are three kinds of lies,” observed Mark Twain.  “Lies, damned lies, and statistics.”  Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading

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Death of the Consumer and Other Miracles

Something peculiar is going on.  One data point says the economy’s improving.  Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go.  For example, according to data released Tuesday, manufacturing and construction spending … Continue reading

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Secrets of the September Swoon

Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy.  Here at the Economic Prism we did nothing of the sort.  Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading

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