Critics of capitalism or markets are not too difficult to find. They come mainly from the ideological Left, but some also come from what appears to be a non-Leftist position of postmodernism. I actually believe most postmoderns lean Left, some violently, but for now I will let that go. Finally I have found a fairly […]
Archives
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Book Review on the Industrial Revolution
07 Apr 2015
It has been a long time since I have written anything on books I am reading. I think I have a winner in a relatively new book by Joel Mokyr entitled The Enlightened Economy: Britain and the Industrial Revolution, 1700-1850, published by Penguin Books and Yale University in 2011 and 2009. Now I know the […]
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A Change of Climate
02 Mar 2015
It seems like a good time to move from discussions about Islam to Global Warming or, to accept the new view, Global Climate Change (GCC). Believe it or not, this topic has a Christian dimension, even though it might not be immediately evident. We will get to that in due time. To begin, let’s review […]
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We’ve discussed the Keystone Pipeline before, and today’s veto really doesn’t bring anything new to light. We still have an administration that has been reviewing this proposal for over 6 years, and a congress that considers this essential for creating jobs and signaling a positive climate for business. Environmentalists have made clear to the Democratic […]
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The “Jobs for Jihadis” Issue, Taken Seriously
20 Feb 2015
I wanted to address the “Jobs for Jihadists” ruckus from the past few days in a bit more detail. The reader may remember I mentioned this in my post of earlier on President Obama’s terrorism summit. Obama and spokespeople had suggested that one major solution to the terrorist problem was the economic situation in Islamic […]
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Net Neutrality and Competition
18 Feb 2015
On February 14 my Berean colleague Mark Clauson posted comments on the FCC’s proposed “net neutrality” regulations. I would like to argue in favor of the FCC’s proposal. While the full proposal will be released on February 26, the date of the committee vote, the nuts and bolts of the proposal have already been made […]
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So much of our lives is amazingly better, and getting better at an increasing rate. Peter Diamond makes this case in his new book, Abundance, and I have to agree with him. The progress we’ve made in quality of life during my lifetime is phenomenal. As I mentioned to one class today, I grew up […]
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Another Historical Distortion, by Bill Maher
09 Feb 2015
Bill Maher tells authoritatively that capitalism did not produce a middle class. It was actually worse than that. I quote extensively from his statements on “Real Time” on HBO because you have to read it to believe someone said it: “so what’s happening is, the Democrats are proposing to nibble around the edges of our […]
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SOTU and Inequality (Once Again)
27 Jan 2015
In light of the State of the Union Address by President Obama, I am compelled once again (as if I were a “broken record”) to address the President’s proposals to raise taxes on “the rich” in order to reduce inequality and provide new services to those with lower incomes. Perhaps there are some new readers […]
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Experts and Innovators
21 Dec 2014
With the recent brouhaha about the IRS, the EPA (jurisdiction over all bodies of water, emission rules for power plants, etc.), the new Consumer Protection Safety Board (from the Dodd-Frank bill), the State Department’s follies, and other agencies, even at state and local levels, it seemed like a good time to raise once again the […]