Category Archives: How not to do political economy


That has been my reaction several times in the last two days.  The first was when I turned on the television for the first time Tuesday midway through the evening and heard that Ohio had gone for Trump by double digits.  Wait…what!?!  I thought to myself.  The final vote was under 10% but that was still a surprising margin.  Ohio was going to be close we were all told.  I went to bed not knowing what the outcome would be. … Continue Reading ››

There he goes again–the divider-in-chief is in typical form

One of the blessings embedded in the nightmare that we call the 2016 presidential election is at some point soon, Mr. Obama will no longer directly control the reins of political power.  His presidency has been a dismal failure in terms of economic growth, foreign policy, dealing with the burgeoning entitlement state, and of course, his assault on mainstream social values.  But nowhere has he failed more than his inflaming–not helping–race relations, and indeed, social relations more broadly.  Rather than… Continue Reading ››

Conservatives and Cronyism: Time to Take Action

A really important column appeared November 3, 2016 by Yuval Levin in the National Review Online.  The title was “It’s Time for the Right to Get Serious about Tackling Cronyism,” and that title perfectly captures the thrust of the article.  You can read it here:  (Sorry, Bert Wheeler, I still can’t master just “link”).  But note the article was aimed at conservatives (including Republicans), though liberals have plenty to answer for on this front as well.  The subject was… Continue Reading ››

Donald Trump – Poster Child

All people are created in the image of God. Some people are granted the grace to believe. Most of our connection to and interaction with one another is because of our basic humanity –  defined and formed by the image of God. Most of Christian’s relationships with people who are not believers is grounded in the reality of everyone being created in God’s image. Most Christian’s participation in politics and relationship to other people in the political arena comes from… Continue Reading ››

The Pleasures of Government

I just heard on DC radio here a classic example of just how unresponsive large bureaucracies can be, when there is no good reason for them to behave as they do.  In a rare feat the Washington Nationals professional baseball team has won its division (miracle!) and is now in the baseball playoffs.  Of course some of those games are here in DC and many (very many) residents here rely on the Metro (light rail system) for their transportation.  It… Continue Reading ››

The Great Enrichment and Inequality

I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today.  The trilogy is massive, running to about 2,000 pages in three volumes.  This third volume is Bourgeois Equality (University of Chicago, 2016).  As the title implies a big part of the book addresses, directly and indirectly, the issue of inequality or it opposite, equality. … Continue Reading ››

Globalism versus Globalization

President Obama has shown his true colors again.  In a speech to a group of ambassadors gathered at the White House (July 15) he said this: “I think we have to step back [from the Nice attack] and reflect on what we are doing to eliminate this kind of chronic violence. It’s been a difficult several weeks in the United States.  But the divide … is between people who recognize the common humanity of all people and are willing to build [international]… Continue Reading ››

Rule of Man: Addendum

Earlier in the week I wrote a post about the decline of the rule of law and increase in the rule of man in the United States’ governing structure.  I would like to continue that thought as it related to the individual human being.  Question:  Why is the rule of law so important?  Answer:  Because of the nature of man. The Founding Generation of this country understood the threat that the rule of man was.  I refer to the whole… Continue Reading ››

Rule of Man

The recent decision by FBI Director James B. Comey recommending against charging Sec. Hillary Clinton for violations of the law while she served as Secretary of State under President Barak Obama, calls into question the rule of law in this country.   Our country was founded on the concept of rule of law.  Our mother country, Great Britain, had come a long way by 1776 in the development of the rule of law. In 1215, King John agreed to the Magna… Continue Reading ››

Bring Back the History of Economic Thought

I came across an interesting article in the Pope Center for Higher Education Policy out of North Carolina.  The title is “UNC Chapel Hill’s Economics Program Lacks Historical Perspective,” and it can be read here at (sorry, I haven’t mastered the art of just a “here” to click on—primitive computer skills).  The upshot was not just that UNC lacks much in the way of a historical approach to economics, but that most colleges and universities do.  The author, Alex… Continue Reading ››