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Tag Archives: government meddling
What Happens When Work Doesn’t Pay
Jobs data reported this week by the Bureau of Labor Statistics show that, as of the last business day of June, there are 10.7 million job openings. Hence, according to the numbers, there are many more available jobs than willing workers. Continue reading
Posted in Economy, MN Gordon
Tagged bureau of labor statistics, GDP, government meddling, janet yellen, jobs
17 Comments
How Central Planners Sow Seeds of Economic Ruin
U.S. money printers have recklessly sown dollars in fruitless places over the last 50-years. They’ve squandered opportunities for greater economic growth by sprinkling debt based money into fields with little to no potential for productivity. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, collapse, government meddling, parable of the sower, taxes
24 Comments
How Central Planners Corrupted the World
The impossible happened in the late-1970s. Inflation and unemployment simultaneously went vertical. Leading economists were baffled. This contradicted their academic training. Continue reading
Posted in MN Gordon, Politics
Tagged federal reserve, government meddling, janet yellen, jerome powell, joe biden, monetizing debt
35 Comments
Walking the Path of Self Destruction
The era of stimmy checks and cheap consumer goods was fun while it lasted. Like a hot lunch, it always tastes better when free. The smell is more aromatic. The bites are more flavorful. Most of all, the belly leaves the table more contented. But is a free lunch ever really free? Continue reading
Posted in Economy, MN Gordon
Tagged atlanta federal reserve, gdpnow, government meddling, monetizing debt, no free lunch
17 Comments