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Tag Archives: government meddling
Guided By Nonsense
“Read the directions and directly you will be directed in the right direction.” — Lewis Carroll U.S. consumers are at it again. After a seven year hiatus they’re once again doing what they do best. They’re buying stuff. According to … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, GDP, government meddling, interest rate, janet yellen
5 Comments
Chasing the Wild Goose in Davos
Despite the reformers endless efforts to encircle mankind, some persist beyond the broad extent of their casted net. In the backwaters of the new Republic, for instance, the distant rumble and flicker of Saturday night hootenannies still befall yonder the … Continue reading
Posted in MN Gordon, Politics
Tagged davos, freedom, government meddling, liberty, world economic forum
10 Comments
Garbage In Garbage Out Economics
“On two occasions I have been asked, “Pray, Mr. Babbage, if you put into the machine the wrong figures, will the right answers come out? …I am not able rightly to apprehend the kind of confusion of ideas that could … Continue reading
Potato Sack Economics
Fiscal policy, as opposed to monetary policy, is more readily understood by the general populace. Income taxes, budget deficits, the national debt. These are all tangible things the average working stiff can grasp a hold of, if they care to. … Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, government meddling, interest rate, monetizing debt, price distortions
2 Comments