One of the sad ironies of the rioting in Ferguson in the aftermath of the decision by the grand jury not to indict is that the destruction that occurred is ultimately directed at African-American communities.  As Henry Hazlitt put so well in his book Economics in One Lesson, it is the mark of a good […]

While the Ferguson, Missouri riots take center stage in the news, other events are occurring too, and important ones.  For one thing, Thanksgiving is nearly here and Christians everywhere in America should take time to give thanks to God for who He is and for the abundant grace He has granted to each of us […]

This year’s election results have not caused Democrats to reconsider their approach, and its not just Mr. Obama who is doubling down. Part of this is the result of the election; the vulnerable red state Democratic senators that lost the election were the more moderate members of their party. The election has resulted in an […]

The country awaits the 9 p.m. decision tonight by a Missouri grand jury on whether to indict a white police officer, Darren Wilson, for the killing of a black youth, Michael Brown.  Passions have been inflamed since Mr. Brown’s death, and a decision not to indict is widely feared to lead to further unrest. There have […]

Last Saturday evening Saturday Night Live’s opening skit parodied President Obama’s executive order on immigration. I’ll leave the detail to the script writers, but I do suggest the next Schoolhouse Rock parody to be based on:

This trend is execrable. Harry Potter and the Deathly Hallows: Part 1 and 2. The Hobbit 1, 2, and 3. The Twilight Saga: Breaking Dawn–Part 1 and 2.* Hollywood, like a dairy farmer with cold hands, has gripped tightly to whatever dangling teat it can find, wringing every drop of funds from the American cash […]

I am here at the Southern Economic Association in Atlanta, Ga, where it is very nice, pleasantly warm weather, and where numbers and statistics flow like water.  The first session I attended was on measures of economic freedom, and interesting topic on its face.  And the papers were interesting, but excruciatingly painful, looking at factor […]

In light of President Obama’s speech on immigration and his new regulations, I came across an excellent article by Charles C. W. Cooke in the National Review.  It can be found here: http://www.nationalreview.com/article/393248/congress-seems-happy-have-its-powers-usurped-charles-c-w-cooke (sorry I can’t do better with links).  The real crisis is Congress’s happy relinquishment of its prerogative over time, and the quite predictable results. […]

A few weeks before the election, I speculated that a potential election threat to the Democrats was a significant correction to the stock market.  The main reason for the speculation was the impending cessation of QE3, the Fed’s monetary stimulus program.  Pretty much all market observers believe the Fed’s stimulus has at least contributed to […]

President Obama’s Executive Order (which essentially places about five million illegal immigrants beyond the reach of federal law enforcement) is now, it seems, a matter of history. The media have, for a while, fixated on how the decision might influence current political dynamics, as opposed to examining the propriety of the act itself. Now that […]