Category Archives: Social Policy

Obama budget, Stimulus vs. Austerity, Friday’s unemployment #s and more

Rather than a single subject today, I’d like to offer some quick thoughts on several recent economic events and get your feedback on what you’d like to hear more about.  Post in the comments if you’d like more details. First up, we are told we will finally have a budget submitted by the President this week, which is over two months late.  Mr. Obama will propose a “fiscally responsible” budget, which will  ‘My budget will reduce our deficits – not… Continue Reading ››

Gender Neutral Housing at Yale University

One of the great fallacies of our age is the malleability of human nature. There are some constants that persist regardless of our best efforts. As the College Fix‘s Alec Torres points out in a current story, Yale University, like other leading institutions, now offers “gender neutral” housing that allows male and females to room together. Just to be clear, we are not talking about co-educational dorms or halls, but rooms. Torres argues that more than anything, this is Yale’s… Continue Reading ››

Here is how NOT to do political economy from a moral perspective!

According to The Weekly Standard, President Obama attended Easter services at St. John’s Episcopal Church in Washington, D.C. yesterday, where the pool reporter recorded this tirade against fictional religious right leaders. “It drives me crazy when the captains of the religious right are always calling us back … for blacks to be back in the back of the bus … for women to be back in the kitchen … for immigrants to be back on their side of the border” To… Continue Reading ››

Same Sex Marriages: Are they inevitable?

Mark Smith has offered some excellent political and constitutional analysis of the same sex marriage debate before the Supreme Court (see here and here).  But one of the most often heard arguments in favor of same sex marriage is its inevitability.  As reported in NPR by Republican strategist (and same sex marriage supporter Ana Navarro): “If we are to build a big-tent party, and we are to start winning elections, what we have to stop being is exclusive,” says Ana… Continue Reading ››

Is Marriage a “Fundamental” Right?

One of the matters lurking around the Supreme Court’s oral arguments this week is the degree to which marriage is a fundamental right. Gay marriage advocates argue that marriage’s fundamental nature demands that the state has an obligation to extend such a recognition to homosexual couples. Whenever a fundamental right is abridged, a strict scrutiny analysis is conducted and government must provide a compelling interest. If it can do so, it then has to justify that its infringement is both… Continue Reading ››

The Tyranny of Gay Marriage

The Supreme Court’s latest attempt to destroy republican government comes, this week, under the guise of equality. Gay marriage advocates find themselves before the highest Court, seeking to use the bench to achieve what has eluded them politically. To be successful, they will encourage the Court to overturn the past and empower itself at the expense of the people. Prospects for lovers of liberty through self-government appear grim. But first, a bit of background. The actual oral arguments involve Hollingsworth… Continue Reading ››

Please Mr. Federal Reserve, stop worrying about income inequality!

CNBC reports today that the Federal Reserve is increasingly considering income inequality as a consideration for monetary policy.  The basic idea seems to be that monetary policy ought to be kept easy as long as those in the lower income groups are unable to gain jobs.  As CNBC reports Some on the FOMC, they said, assert that inequality “undermines the ability of the economy to grow sustainably and efficiently” and could lower the long-term growth rate. This is suspect for… Continue Reading ››

Marriage; the best financial investment you can make?

The institution of marriage is one of God’s great gifts to humanity, and it will certainly be under great debate over the next few weeks as the Supreme Court looks at challenges to the Defense of Marriage Act.  Nevertheless, in today’s post, I simply want to point to the economic benefits of marriage, courtesy of this article published on CNBC back on Valentine’s Day.  The article notes Couples who get and stay married can have as much as four times… Continue Reading ››

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 ››

Faulty moral arithmetic–Brooks nails the political economy issue of our time

Arthur Brooks produced yet another masterpiece in today’s WSJ, The key is here: Conservatives are fighting a losing battle of moral arithmetic. They hand an argument with virtually 100% public support—care for the vulnerable—to progressives, and focus instead on materialistic concerns and minority moral viewpoints. The irony is maddening. America’s poor people have been saddled with generations of disastrous progressive policy results, from welfare-induced dependency to failing schools that continue to trap millions of children.” How do conservatives compete with… Continue Reading ››