Category Archives: MN Gordon
Property Confiscation Is Coming
Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism. There’s no justification we can rationalize for state sponsored theft. This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading
Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
How to Enjoy the Magic of Rising Stock Prices
Let’s begin with the understanding that something delightful is taking place in the stock market. The S&P 500’s up 22.33 percent year to date. What’s more, the S&P 500 just hit a new nominal high of 1,745. Can you believe … Continue reading
The New Era of Fed Activism
The basic characteristic of an overextended government is that its institutions are rotten. Take the U.S. Post Office, for instance. It lost $15.9 billion in 2012. That’s over $43.5 million per day – flushed down the toilet – for an … Continue reading
