All posts by Jeff Haymond

Bereans Partner with Foundation for Economic Education 10-13 July

to educate high school students on the morality of free markets.  Please get the word out to students that you know of that could benefit from this program, 10-13 July right here at Cedarville University.  Each of your Bereans will have a speaking role to show the intersection between a biblical worldview and free markets. https://fee.org/events/2018-the-morality-of-free-markets-at-cedarville/ We’ll also be joined by Brian Brenberg from The Kings College, Larry Reed, the President of the Foundation for Economic Education, as well as… Continue Reading ››

All economics, all the time

At least in this post…this is a lightening round of some of the issues in the news: Yes the markets are getting whipsawed, even with today’s big move back up.  Not surprising; valuations using conventional metrics (such as the market price to earnings multiple) have been extremely high compared to history.  One can make the claim that we are still in bubble territory with the S&P 500 at an average PE of over 25.  But we’ve also had historically low… Continue Reading ››

Initial thoughts on House Memo

The House Permanent Select Committee on Intelligence (HPSCI) memo on FISA abuse was, as expected, released today.  No matter how you slice it, this is an incredibly troubling memo.  No one can read this memo and say it doesn’t matter.  Either its true, and we have momentous scandal unfolding, or its not true, and the Republicans have fabricated incredible lies to cover up for Mr. Trump, or some combination thereof.  You can (and should) read the memo yourself, and I’m… Continue Reading ››

Trump Trolls for Trouble, but Trade Tricked him!

Ok, I promise I’ll stop quite the # of posts with “TR”, but this is a good counter to the bad news on trade we discussed last week.  On Friday of last week, the U.S. International Trade Commission dealt a blow to Cronyism, Mr. Trump and that largest of corporate cronies, the Boeing Corporation. In a surprise decision, the U.S. International Trade Commission has ruled against aerospace giant Boeing in a bitter trade case it brought against Bombardier over passenger jets its Canadian rival… Continue Reading ››

Profile in Courage: Gymnast speaks out against sexual abuser

I heard this yesterday on Al Mohler’s The Briefing, and found it today in the young lady’s own words over on The Gospel Coalition.  This is a profile not only in courage to confront evil, but a boldness to speak of the beauty of the gospel to her abuser.  This is a must watch, as we should all aspire to be able to react to the harms others may do to us like Rachel Denhollander did.  No further comment on… Continue Reading ››

Trumpian Trade Tribulations! The Triumph of Travesty over the Truth!

Aahh the perils of a populist president.  But at least I can try to think of more words that start off with TR.* So yesterday Mr. Trump declared war on most of America and a few foreigners to support a few jobs in the solar cell and washing machine industries.  Let’s just review the standard economic reality of what this means, and then address why this happens, and what Christians should think about this.  So here is the pretty straight… Continue Reading ››

Yes, there are Winners and Losers–but I’m a double loser!

But don’t smile, you are too.  Let’s get to the good losing first.  This time of year, there will be many hopeful losers, as membership at Jenny Craig and health clubs will be on the rise.  But that’s not the only way one can be a loser and be happy about it.  I’m a real loser because I got to eat some of the most amazing grapes ever last week.  These grapes had thin but firm skin, and they absolutely exploded… Continue Reading ››

Why should the process of justice be impartial? A response to Jonathan

Jonathan asked a good question in response to our VLOG this past week, and I think it merits a separate response to spell it out.  For those that did not watch the video, I basically argued that Christians should be concerned when the pursuit of justice is guided by politics, rather than justice being blind, i.e., impartial.  In the discussion, I suggested that the prosecution of both Mr. Manafort and Mr. Flynn were political in nature, and that others committing… Continue Reading ››

Gay Marriage in Australia, Socialism, and the hubris of our day

One thing about modern man, he (and she) want to be modern and pursuing the latest and greatest fashion.  This is, of course, nothing very modern at all.  Luke recorded the same phenomenon almost 2000 years ago, in his discussion of the Apostle Paul at Mars Hill, where he editorialized: (Now all the Athenians and the strangers visiting there used to spend their time in nothing other than telling or hearing something new.) Some of my friends have to have the… Continue Reading ››

Paradise Papers proves that cutting taxes will have “dynamic” effects

One of the central debates on the Republican tax reform proposals is how much their plan will “cost” the government.  This begs the question as to why not taking as much of people’s money as you previously intended to take is considered a cost, but we’ll leave that aside.  Republicans argue that any tax proposal ought to scored dynamically, that is, to model how the tax changes will affect individual and firm behavior.  They argue that improvements in the tax system will… Continue Reading ››