Category Archives: Fiscal Policy

Income Inequality: Should it be an issue for Christians?

Steve Horwitz has a great counter to the income inequality debate, see here: HT to Don Boudreaux over at Cafe Hayek. For Christian thinkers, is there a biblical justification for concern over income inequality per se?  I’m not talking about the poor here; simply does the Bible have anything to say in a negative sense about some being very rich because they are very rich, while others are significantly less wealthy?  To be more clear, imagine an America of no… Continue Reading ››

New Aggregate Demand math from Washington DC: Sequester vs. Fiscal Cliff

As we approach the impending sequestration, Mark Smith highlights the political tales of woe if it goes through (see below).  But there seems to be an inconsistency in the “We’re all Keynesians now” Washington D.C. crowd.  If you recall the fiscal cliff, President Obama proposed increased taxes that would only generate ~$80 Billion of additional revenue per year.  That was “good” for the economy, as it would show the world that we were serious about addressing our fiscal problems.  Now… Continue Reading ››

Sequestration Nation…

I only wish they had chosen a better name than “sequestration.” How do you write a ditty with that? Regardless, we are all gripped with Sequestration Fever, a malady that often follows on the heels of Debt Ceiling Dropsy and Fiscal Cliff Cough. We are now just a few days from either the end of the world as we know it (and I feel fine) or the dawning of a new age of fiscal responsibility. Politico has a nice round-up… Continue Reading ››