Tag Archives: bailouts

Welcome to the Era of Targeted Bailouts

Posted on July 7, 2023 by MN Gordon

Here at the Economic Prism, we’re opposed to market intervention and bailouts of all colors and stripes. The conceit of it all, that a collection of unelected bureaucrats knows what’s best for a 330-million-person economy, sticks in our craw like a broken chicken bone. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , , | 1 Comment

Tasting the Forbidden Fruit of Free Money

Posted on May 15, 2020 by MN Gordon

There’s something irresistibly magical and intoxicating about the promise of free money. For it promises life without labor…and life without limits. Moreover, once a nation has taken a bite there’s no going back. Free money, you see, is so delicious that too much is never enough. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 18 Comments

Tending Towards Maximum Perversity

Posted on July 19, 2019 by MN Gordon

According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will—at the worst possible moment.”  Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.” Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | 1 Comment

The Cure is Worse than the Disease

Posted on May 6, 2016 by MN Gordon

Today we look back to the recent past with singleness of purpose.  Context and edification for the present economy is what we’re after.  We have questions… How come the recovery has been so weak?  Why is it that, nearly seven … Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , , | 5 Comments