Category Archives: MN Gordon
The Fate of Markets
How quickly things change. Several weeks ago stock market investors were riding high. On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading
The Breakdown of Planned Economies
Something big is coming to a head and there’s nothing to stop it. Over the last half century – or longer – more and more intelligent and able people have become encumbered by government programs of compulsory philanthropy. In some … Continue reading
Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
Why There Are No Jobs
What a week. On Tuesday the DOW finished the day at 13,279, its highest close since December 2007. In terms of the stock market, we’ve crossed the great divide…December 2007, remember, was pre-financial crisis. In fact, it was nearly a … Continue reading
