Category Archives: MN Gordon
Clogging Up the Economy
By most accounts, as the season turned from winter to spring in 2013, economic recovery was ready to bloom. The economy’s fields had been tilled and planted with care…housing was finally on the upswing. Plus, the Federal Reserve was sprinkling … Continue reading
The Biggest Baddest Bubble of All
“The Fed is ‘like a wet blanket all over the economy,”’ said David Stockman on The Daily Ticker on Tuesday. “Everything is being micromanaged by them … they will fail and take private enterprise economy down with it.” The former … Continue reading
Open Season on Savers
Austrian economist Ludwig von Mises called it time preference. That is, the assumption that, all else being equal, people prefer attainment of a given end sooner rather than later. People prefer present satisfaction over future satisfaction. These days’ people’s time … Continue reading
Fighting the Next War
The unemployment rate remains stubbornly high. But other than that, the economy seems to be pleasantly improving. Sure the dark clouds on the horizon from Cyprus could take some of the wind out of the stock market’s sails. Nonetheless, the … Continue reading
