Trump, Hillary and Socialist Bernie Sanders all agree: Free trade a really bad idea

As the Obama administration has completed its negotiations for the Trans Pacific Partnership (TPP) trade deal, both Donald Trump and Bernie Sanders were quick to pounce:  Trump tweeted The incompetence of our current administration is beyond comprehension. TPP is a terrible deal. Of course, agreeing with Mr. Trump on the first statement in no way means that the latter is true.  It may be, but who knows?  I certainly don’t know the details of the agreement, and neither could Mr.… Continue Reading ››

An Exemplar of Christian Worldview

Our Bereans readers know how passionate I am about the issue of Christian worldview—taking every thought captive to Christ—in every aspect of thought and life.  I haven’t lost any of that passion, but I am not the only one who cares about it.  My colleague, Richard Tison, here at Cedarville University, also possesses an intense commitment to the integration of the Christian—that is, Biblical—worldview, in his academic endeavors, both teaching and research.  So I am not going to ramble on… Continue Reading ››

The Gospel at Work

As reported at the Institute for Faith, Work & Economics website, the New York Times published a very interesting editorial piece: Donald Trump and the Rise of the Moral Minority on September 26th. Using the somewhat surprising fact (to me anyway) that Donald Trump is currently the Republican candidate of choice amongst evangelical voters (Washington Post, Boston Globe), Molly Worthen described a rift in the evangelical voting bloc. The divide is between evangelicals who would support a “moral majority” political strategy and those in favor of a very… Continue Reading ››

Is There At Least One (Maybe More) Good Thing About John Boehner’s Exit?

What is that one good thing (among others)?  It is that his exit is potentially a blow to the US Chamber of Commerce, that supposedly “conservative” group of business leaders who are really not conservative except in a very limited sense.  Here is what is going on. The Chamber has decided it will spend over $100 million dollars this election cycle to defeat candidates who are in their view “too conservative.”  Mike Flynn has a very interesting article in Breitbart… Continue Reading ››

International Monetary Fund warns on the bubble they encouraged! But has the horse already left the barn?

  Yes, another blog post on the Fed’s failed monetary policy.  I hate to keep blogging on this particular issue, but it continues to be the major economic issue facing us.  Now that the effects of the easy credit bubble deflating are becoming apparent to everyone, including famed corporate takeover investor Carl Icahn, the IMF is warning the Fed not to raise interest rates, lest it trigger a wave of emerging market corporate defaults and panic in financial markets as liquidity… Continue Reading ››

Ben Carson’s Sharia “Slip”

I have just a short comment on Ben Carson’s recent flap over his statement that in essence a Muslim should not occupy the White House.  To begin, his comment was ripped out of context.  He had argued that a Muslim who supported Sharia Law would not be fir for president.  But in addition, he attempted to clarify his remarks on Monday: “If someone has a Muslim background and they’re willing to reject those tenets and to accept the way of… Continue Reading ››

Secret Service Codenames?

For some silly reason, CNN’s Jake Tapper decided to ask the candidates what their Secret Service codename would be if they won the presidency. Rarely funny, and generally painful, their answers didn’t exactly jump off the page. Here are my offerings: Carson–Scissorhands or Scalpel Trump–Bombast Christie–StayPuft Paul–EyePatch Fiorina–Stiletto Rubio–Hobbs Jeb–Eggo Huckabee–Gantry Kasich–Marbles Cruz–Pyro Walker–Cheesehead  

In Fed We Trust!

Tomorrow the Fed will announce its decision on whether to increase interest rates for the first time since 2006, and the markets seem to be thinking we’ve got at least another meeting until it happens. Markets are up in the last couple of days and even long-beaten gold is catching a bid, sensing that interest rates won’t rise. In one of my last posts I opined that the Fed wouldn’t increase rates, but I can’t disagree with one of my… Continue Reading ››

“Christian America,” Secular America or a Third Way?

I hate to so severely disagree with an otherwise insightful Christian writer, but I am forced to take issue forcefully with an article by Cal Thomas, a syndicated columnist, and a long-respected Christian cultural critic, in a Fox News Online Opinion column of September  11, 2015, entitled “America has never been a ‘Christian’ nation. Kim Davis picked the wrong issue.”  I do agree that America was not founded explicitly as, nor has it explicitly been, a “Christian nation.  In other… Continue Reading ››

Constrained / Unconstrained: Human Nature and Political Economy

Therefore, just as sin came into the world through one man, and death through sin, and so death spread to all men because all sinned – Romans 5:12 The heart is deceitful above all things, and desperately sick; who can understand it? – Jeremiah 17:9 So when the woman saw that the tree was good for food, and that it was a delight to the eyes, and that the tree was to be desired to make one wise, she took of its fruit and ate, and she also gave… Continue Reading ››

Quote of the Week!

“If we are not governed by God, then we will be ruled by tyrants.”                          — William Penn