Unfortunately I think I’ll be writing a good bit more about inflation as we roll into the fall; it seems as if there are daily articles in most news sources about higher prices. It’s clear to me that eventually we’ll have much higher prices, but that could still be years away. Next year, three years, […]
Archives
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When did inflation become real to you?
13 Jul 2021
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Last week’s agreement on an infrastructure bill, followed almost immediately by a Biden backtrack, and then a Biden Saturday somersault is almost enough to make your head spin. It’s hard to imagine a more incompetent response to the deal, and it is only going to make it harder to get anything across the finish line. […]
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Inflation–Savior or Devil?
08 Jun 2021
Regular Berean readers may be wondering–are the Bereans AWOL? Do they not care about the issues anymore? Do they think that there is no need for Christian political economy now that Mr. Biden has rescued us from Mr. Trump? Or maybe they are just academics who think the summer is a sabbatical for….whatever academics get […]
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So says Jason Riley on this week’s Econtalk discussing race in America. I think he is correct; not that facts are unimportant, but if they don’t agree with the cultural narrative, they will be ignored. I also agree with his point that this is leading to a poisoning of race relations rather than an improvement. […]
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Two weeks ago I received my 2nd dose of Pfizer’s Covid-19 vaccine. When you think about this, it is simply amazing–who could have imagined we’d be able to have multiple vaccines available and widely being implemented in under a year? Certainly some thought it would take years (if ever) to get to this point. We […]
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Why Progressives Support the minimum wage?
19 Mar 2021
A democratic friend of mine asked me recently what educated progressive economists would point to in arguing for the minimum wage to be increased. I suggested to him that most are well aware that the minimum wage at some level is going to be harmful (which is why nobody is calling for a $100/hr min […]
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Shock! The Biden Administration plans to increase taxes later in 2021 as part of a larger legislative package. Many conservatives reflexively say this is going to slam the economy (and I don’t disagree, especially the way the Biden administration plans to go about it), but the point of this blog post is to argue that […]
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Or alternatively, who will rescue us from the American Rescue Plan Act? We are ever so close to the Democrats completing their $1.9T blowout to reinvigorate the economy. Undoubtedly the House will pass it quickly (likely today) and Mr. Biden will sign it. Key features include extending the child tax credit, direct payments to citizens, […]
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I’m in a New York state of mind
17 Feb 2021
I don’t think Billy Joel had today’s example of cognitive dissonance in mind when he wrote his song. Whatever he meant, reality is now in the eye of the beholder, and it’s sliding in the most ironic way possible. Today, New York Attorney General has filed a lawsuit against Amazon, since “Throughout the historic pandemic, […]
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Earlier this month in Cedarville University’s Chapel, Kevin Jones challenged CU students and faculty to take some time this month to read or watch a movie about a prominent African-American in their academic discipline to understand their contributions to the broader field. That challenge was a delight to me, and I quickly shared a video […]