Category Archives: MN Gordon
When the Whole Paper Edifice Collapses
There was massive carnage on Wall Street yesterday – again. No doubt, it makes for some exciting headlines. But here at the Economic Prism we won’t take your time to ponder the stock market’s precipitous decline. For, today, we’re more … Continue reading
When the Voters Get Whacked Again
Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading
Deliver Us From Idiots
A central benefit of the government’s debt ceiling calamity was the outstanding comedy it provided. We’ll certainly miss the B-rated entertainment. While it’s unfortunate a default was avoided, the whole hullabaloo served up some tasty performances. President Obama, for one, … Continue reading
Admit Defeat of the Social Utopia
Production is the End “The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor,” … Continue reading
