Category Archives: MN Gordon
Mandated Scarcity in the Land of Fruits and Nuts
Last Wednesday night, following the Presidential debate, we stepped outside our back stoop and were greeted with the displeasure of a sulfurous odor. It singed our nose hairs. It burned our eyes. We could practically taste it. At first we … Continue reading
When the Gravy Train Jumps the Tracks
The future consequences of all that has been done to the financial system and the economy over the last four years – from late 2008 to the present – are largely not understood. There seems to be some broad impression … Continue reading
Skeleton Economics
“Markets make opinions,” once said someone who’s much, much smarter than we are. Perhaps they meant that when markets rise for a long period investors will make up opinions about why they will keep rising further. Likewise, if markets are … Continue reading
Falling Off the Hunger Cliff
The October edition of Smithsonian magazine tells us that “With five simple words in the Declaration of Independence – ‘all men are created equal’ – Thomas Jefferson undid Aristotle’s ancient formula, which had governed human affairs until 1776: ‘From the … Continue reading
