Category Archives: MN Gordon
Shattering the Debt Ceiling
It’s always exciting when money and politics mix. For example, on Friday billionaire investor Warren Buffett told students at Georgetown University it would be “pretty damn dumb” if Congress and President Obama don’t reach an agreement to raise the nation’s … Continue reading
Stock Market Shangri-La
The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading
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
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
