Its rare when secular websites wade into the faith and economics waters, but the President of the Foundation for Economic Education, Larry Reed, does a fine job here. As Reed argues, The fact is, one can scour the Scriptures with a fine-tooth comb and find nary a word from Christ that endorses the forcible redistribution […]
Archives
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Hat tip to Foundation for Economic Education: Combatting false narratives on the Progressive Jesus
30 Jan 2015
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Intuit, the maker of the popular tax software product TurboTax, has enraged customers this year in a move that significantly threatens their tax filing software dominance. Intuit changed their software this year such that it forced previous users of its Deluxe software (the mid tier product) to purchase the Premier software (the most expensive version). […]
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I hate to be such a broken record on the subject of why deflation isn’t necessarily bad, such as this post from a few weeks back. But I do it because this very wrong-headed fear leads to utter disaster. For example, a big reason for Mr. Bernanke and Mr. Greenspan pushing the U.S. to negative […]
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World monetary system disorder reigns
16 Jan 2015
Yesterday the markets were stunned when the Swiss National Bank reversed its official policy of pegging the value of the Swiss Franc against the Euro. The value of the Franc vs. the Euro spiked 30% higher virtually immediately; much-maligned gold was up over $20/oz. Today reports are coming out of several large bankruptcies associated with […]
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Spending and the debt. Are we winning or losing?
05 Jan 2015
As the new Republican congress gets set to tackle the Obama agenda, its pertinent to ask if we’re winning or losing on spending. After all, this is supposedly the reason for the rise of the tea party–out of control spending on the part of the Obama administration. This past fall the U.S. government reported the […]
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“The world cannot hate you, but it hates me because I testify about it that its works are evil”
18 Dec 2014
D.A. Carson has a gem over on the Gospel Coalition, which is well worth a read. RATHER NAIVELY, SOME OF US THINK that if Jesus were alive today, our tolerant culture would not give him a really rough time, much less crucify him. We would simply marginalize him, treat him as if he were a […]
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A few days ago I continued my regular pooh-poohing of the perils of deflation, which is coming up again because of the fall in the price of oil. As I said in that post, deflation that is associated with productivity is generally a good thing, but if its a result of a collapse in the […]
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Sometimes the media gets it right– why changing government incentives are contributing to lower employment.
13 Dec 2014
I don’t know how this slipped past the editors of the NYT. We have at least a recognition that changing incentives are contributing to more people staying out of the workforce. Of course, excellent economists such as U of Chicago’s Casey Mulligan have done outstanding empirical analysis to show that changing government policies are making […]
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Today is my final for macroeconomics and hopefully my students will demonstrate some level of economic understanding. However, I fear that perhaps the culture of economic ignorance which pervades our public understanding might make all my efforts for naught. Unfortunately as they leave my class they will be surrounded for the rest of their lives […]
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Does truth matter? Ferguson, UVa and Ms. Dunham…
11 Dec 2014
Recent headlines have caused a storm of social conflict over the last month, and competing truth claims are raised to support various positions. We have Michael Brown’s shooting in Ferguson, TV star Lena Dunham’s story of sexual assault during her college years in her book, the UVa rape story of a Greek frat house sexually […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach