Tag Archives: government action

The Hollow Promise of a Statist Economy

Not a day goes by that doesn’t supply a new specimen of inane disclarity. Muddy ideas are dredged up from tainted minds like lumps of odorous pond muck. We do our part to clean up the mess, whether we want to or not. Continue reading

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Larry Summers Wants to Give You a Free Lunch

The existing capital stock continues to be frittered away at the expense of savers and retirees.  Nonetheless, central bankers don’t give a doggone about it.  This, after all, is one consequence of roughly eight years of near zero interest rate … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | 7 Comments

From Bad to Worse in a Big Way

Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened.  The price of oil dropped over 2 percent to about $48.74 a barrel.  What’s more, it could fall much, … Continue reading

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Hollow Words from a Hollow Man

One of the more endearing things about politics is election season.  Although hardly a soul in this day and age still takes them serious, they are not without merit.  In fact, they are not all bad. For what better opportunity … Continue reading

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