Tag Archives: business cycle

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

Washington’s Bias for Continuous Inflationism

Posted on June 23, 2023 by MN Gordon

This week Federal Reserve Chair Jerome Powell delivered his semiannual testimony to Congress. A main feature of the discussion was the status of rate hikes and the fight against inflation. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 13 Comments

Are You the Collateral Damage of Central Planners?

Posted on January 27, 2023 by MN Gordon

The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States.  The findings were a giant bummer.  In December, the LEI dropped for the tenth consecutive month. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 25 Comments

Operation Break Stuff

Posted on October 21, 2022 by MN Gordon

Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 26 Comments