The Bible frequently reminds us of the importance of our thought life. Do not be conformed to this world, but be transformed by the renewal of your mind. (Romans 12:12) Finally, brothers, whatever is true, whatever is honorable, whatever is just, whatever is pure, whatever is lovely, whatever is commendable, if there is any excellence, if there […]
Archives
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Keynes and the Thought Life
10 Oct 2014
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Our Fragile Economy
01 Oct 2014
There is a very interesting article in today’s Wall Street Journal in the Real Time Economics section. “It’s Not Ebola Sapping Nigerian Economy, but Boko Haram” reminds us of the difficulties developing nations face and the fragility of our own economic condition. While economic barometers do not indicate imminent economic failure and the United States […]
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Flood Wall Street – A Misplaced Trickle
24 Sep 2014
While Sunday’s “People’s Climate March” is being described as the largest climate protest event of all time with organizers claiming over 310,000 participants in New York City, the more radical protesters saved their skills for Monday’s “Flood Wall Street” protest. Around 1000 protesters spent the day trying to get in the way in and about Wall […]
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Capitalism and the Common Good
18 Sep 2014
In a September 5, 2014 article “Capitalism and the Common Good” published in Christianity Today, Kevin Brown used the Institute for Faith Work & Economics (IFWE) “I, Smartphone” video and the “conflict mineral” coltan to introduce his topic. Brown is a supporter of the market system. He eloquently provides a utilitarian defense of markets. “Markets have enabled progress and […]
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Spinning the Medicare Data Release
09 Apr 2014
Today the Centers for Medicare & Medicaid Services (CMS) released a partial data set on payments to Medicare providers. While the data will provide some interesting insights on Medicare payments, for example the Wall Street Journal says: The top 1% of 825,000 individual medical providers accounted for 14% of the $77 billion in billing recorded […]
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Yesterday the Supreme Court of the United States passed down a ruling on MCCUTCHEON ET AL. v. FEDERAL ELECTION COMMISSION. Two of my very able colleagues at Bereans at the Gate (professors Haymond and Smith) posted commentary on the ruling yesterday. Both of these gentlemen are more qualified and able to comment on this ruling […]
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America Saves – Less
25 Feb 2014
This is America Saves week. If there was one encouraging result from the “Great Recession” it was that personal savings increased. However it looks like that trend has reversed itself and we are returning to our accustomed low rates of saving. In a post in Real Time Economics on the Wall Street Journal’s site Jeffrey […]
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Shot In the Foot?
24 Feb 2014
Free-trade between individuals and nations is the backbone of economic growth. The more trade we have and the wider the markets for that trade, the more we will be able to develop and utilize productivity enhancing technological changes that further spur the economic engine. An article in the February 22 edition of The Economist: “How […]
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“It’s easy to remember, $10.10”: The 5% Solution
19 Feb 2014
Target: poverty Number positively effected: 16,500,000 Number pushed above the poverty line: 900,000 900,000/16,500,000 = 5.45% In his State of the Union address President Obama said: “It’s easy to remember, $10.10”. One option for increasing the minimum wage is to increase the federally mandated minimum to $10.10 an hour. Tuesday, the Congressional Budget Office released […]
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Deficits, Debt and Political Strategy
14 Feb 2014
When Mr. Boehner announced his strategy Tuesday at a closed-door conference, no one objected, a senior House GOP aide said. He was halfway back to his seat when he said: “I got this monkey off your back and you’re not even going to applaud?” Lawmakers took the hint and gave him a round of applause. […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach