Tag Archives: interest rate

Duct Tape Economics

Posted on January 14, 2014 by MN Gordon

The Labor Department laid a sulfurous egg last Friday.  By their calculations, just 74,000 jobs were created in December.  The pros thought it would be 200,000.  What do they know? This marks the slightest increase since January 2011.  Somehow, even … Continue reading →

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How to Get Something for Nothing

Posted on December 20, 2013 by MN Gordon

The taste of a free lunch is always much richer.  The smell is more aromatic.  The taste is more flavorful.  Most of all, the belly leaves the table more contented. But a free lunch is never really free.  We thought … Continue reading →

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Albert Einstein’s Eighth Wonder of the World

Posted on December 3, 2013 by MN Gordon

“It’s a stupid way to run a country,” remarked Maya MacGuineas over the Thanksgiving holiday weekend.  MacGuineas, head of the Campaign to Fix the Debt, was commenting on Congress’s failure to operate within a budget.  “Change comes from two possible … Continue reading →

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How to Enjoy the Magic of Rising Stock Prices

Posted on October 22, 2013 by MN Gordon

Let’s begin with the understanding that something delightful is taking place in the stock market.  The S&P 500’s up 22.33 percent year to date.  What’s more, the S&P 500 just hit a new nominal high of 1,745.  Can you believe … Continue reading →

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