Alan Greenspan was being interviewed about his new book The Map and the Territory in Time magazine recently and responded to the question, “Knowing what you know now, what would you have done differently during your time as chairman of the Fed?” His response was in part, “I always knew debt was important. If I […]
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Common Sense Economics
05 Nov 2013
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Christian Religion versus Environmental Religion
05 Nov 2013
We see it every day, a newspaper article or news report about what the Environmental Protection Agency (EPA) has done or might do to further regulate what it considers to be pollution. Most recently President Obama issued a statement to his agencies that he would soon be addressing global warming through some type of Federal […]
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Quote for the Day! From Cornelius Van Til…
05 Nov 2013
Faith abhors the really contradictory; to maintain the really contradictory is to deny God. Faith adores the apparently contradictory; to adore the apparently contradictory is to adore God as one’s creator and final interpreter. What has this got to do with political economy? I’m not sure. But it is such an awesome quote to remind […]
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Obamacare: Promises vs. Reality
05 Nov 2013
Jim Geraghty is one of my daily reads as I scan the web for news and notes.* Today, he offers a devastating list of President Obama’s promises regarding the Affordable Care Act contrasted with the current realities. Here is an excerpt: Obama said, on September 26, “Premiums are going to be different in different parts […]
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Ender’s Game
04 Nov 2013
Orson Scott Card wrote Ender’s Game in 1985. The novel quickly entered the science fiction canon, winning both the Hugo and Nebula awards, and Card joined luminaries like Asimov, Heinlein, Herbert, and Dick. Bringing Ender’s Game to film presented many challenges. After nearly 30 years in the development wilderness, technology finally caught up to Card’s […]
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Quote for the Day
03 Nov 2013
Since it is the Lord’s Day and since this blog deals with the Christian view of things political, economic and cultural, it seems appropriate to give this quote from one of the great theologians, political leaders and statesmen, Abraham Kuyper: “There is not a square inch in the whole domain of our human existence over […]
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Fellow Berean Mark Smith highlighted the President’s oft-repeated claim that if you like your health care you can keep it, characterizing it as misleading. Of course, many are using the stronger form of “lie” to describe this. I remember at the US Air Force Academy, the definition of a lie in our honor code was […]
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Quote for the Day! Arthur Brooks at his best
01 Nov 2013
From a CNBC video a couple of years ago, Crony capitalism….is the codependent wife of statism. Brooks is spot on; the source of cronyism is a large state that has the power to favor one group over another. And this favor only comes by harming others. This seems to me to be the definition of […]
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A Threat to the Rule of Law
01 Nov 2013
Well, as many know by now, Lois Lerner has been identified as the high-ranking IRS official who illegally sent information about donors associated with Tea Party-related organizations to the Federal Election Commission. In addition we heard yesterday that someone in the IRS did leak confidential tax information to the liberal Human Rights Campaign, which immediately […]
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Happy Reformation Day
31 Oct 2013
It is time for a little “diversion” from politics and economics (partially anyway) to think for a moment about religion, in this case, the Christian religion and even more specifically, the Protestant religion. For those who are not sure, this is not really Halloween Day. Before Halloween this was Reformation Day. It was on October […]