From their classic textbook, Universal Economics: Not only are violations of ethics more likely to prevent successful market activities but they are arguably more powerful in the economic market than in the markets of political and social exchange. Ask whether a seller/supplier or a politician tends to make more reliable promises. Which will suffer most, […]
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Readers should listen to (or read) yesterday’s The Daily Briefing by Al Mohler first, which chronicles Joe Biden’s twisting in the wind on the position of Abortion before engaging in my post. Ever since the fiasco in the Garden, humans have felt the weight of the curse. In Genesis 2, the man and his wife […]
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One of the great privileges of my time serving in the U.S. Air Force was the assumption of command of the 1st Air and Space Test Squadron at Vandenberg AFB California in 2006. While there are many higher and strategically consequential command positions, most military leaders will agree that this level of unit command is […]
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Mr. Biden’s Victorious Surrender
17 Aug 2021
Let’s agree that Mr. Biden was dealt a bad hand in Afghanistan. Many previous administrations* had failed to deal with the quagmire, and there certainly was no good set of options available to any president. But was it possible for Mr. Biden to play his cards any worse? What he has done, and what he […]
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WARNING: Slightly wonkish today. But worth it! One of the important insights of Public Choice economics (which analyzes the public sector through the same premise of action by self-interest which governs the private sector), is that you have to understand the political economy of actually implementing any proposed policy. The policy that is amazing in […]
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Don’t be safe!
15 Jul 2021
Ok, maybe this is more of a rant than usual. Maybe even a diatribe. But I’m getting so sick of hearing one of the new farewell slogans that emerged in the Covid-19 era: Be Safe! Be Safe is a replacement for the slogan most of our older readers may recall their parents telling them (and […]
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When did inflation become real to you?
13 Jul 2021
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, […]
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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. […]