Pity the poor people of Illinois. They have perhaps the worst government policies in the nation, and have less than 43 cents on the dollar funded of their pension liabilities for the large public sector. The state settled with the SEC in March after it was charged with securities violations in fraudulent reporting of its […]
Archives
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Faith may be in action, but is the mind of Christ? Social gospel left demands higher taxes in Illinois
29 Apr 2014
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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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Olympic Preparation and Economic Freedom
12 Feb 2014
The 2014 Index of Economic Freedom published by the Heritage Foundation marks 20 anniversary of this important piece of economic analysis. The index measures economic freedom based on 10 quantitative and qualitative factors. More economic freedom correlates with better economic performance, less economic freedom correlates with poorer economic performance. The index calculates the relative economic […]
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Just in time to support this weekend’s superhero activities, Russ Roberts and John Papola give us the Superhero anti-model. Don’t be a Super Crony! Unfortunately, these characters are all too real…and increasing in strength seemingly by the day.
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Republicans versus Republicans: The Next Battle?
29 Jan 2014
Yesterday President Obama gave the annual State of the Union address to Congress. We now know something of his agenda for the coming year. My colleague Dr. Smith has already discussed the president’s probable new way of governing, the executive order. President Obama did indeed strongly imply he would “go around” Congress. I would also […]
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Fairness and Equality: Part 2
16 Dec 2013
I feel the need to clarify my earlier post on “Fairness and Equality” due to the many and varied comments on it and some misunderstanding. At the outset, I will say that in a blog post it is impossible to address every aspect of a subject or every objection. So the reader must read the […]
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Pope Francis recently released his Apostolic Exhortation, Evangelii Gaudium, which condemns “unfettered capitalism, “(as labeled by the press). Pope Francis seemingly condemns something that never has been, nor does anyone seriously call for: a laissez faire market devoid of morals or any constraining laws. Indeed, the rule of law and morality are necessary for healthy […]
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Now, I’m all for someone making money if they are providing a value added service. But what, pray tell, is the service Mrs. Clinton is providing? Why does the Chicago Mercantile Exchange find Mrs. Clinton’s leadership experience in financial leadership compelling enough that it would pay that kind of money? It cannot be her famed […]
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In their new book, published by Crossway in 2013, The Poverty of Nations: A Sustainable Solution, the authors Wayne Grudem and Barry Asmus tackle the issue of whether one can make a distinctively Christian defense of markets and economic growth. The book involves a unique combination of authors and perspectives. Grudem is a well-known and […]