A very interesting and a very telling bit of research from Sentier Research was released two weeks ago. Sentier analyzes data from the Current Population Survey to estimate trends in median household income. Yesterday, Steven Moore at the Wall Street Journal, published an op-ed piece based on Sentier’s analysis: Obama’s Economy Hits His Voters Hardest. During […]

Syria is a mess. I am not pretending to be expert on this, so let’s be clear about expectations. I am not speaking from authority, but just as an interested observer. The United States seems to have few options, and none are good. As of now, the debate surrounds our decision to use military force […]

It is a sad but joyous day to report the passing of another economic giant.  Ronald Coase was a seminal figure in economics, a Nobel Laureate who truly changed the way all of us think about the world.  It is sad with the loss of any great figure, and yet Professor Coase was not quite […]

J.D. Vance wrote an interesting piece in the recent issue of National Review on the importance of mobility as an indicator of opportunity in America. His point is that while we may be seeing some signs of life in the economy due to growth—that growth does not necessarily mean that opportunity is expanding.  According to […]

In 1901 a Scottish professor wrote a book about Christian worldview, The Christian View of God and the World.  This would become the first such book in modern times on that subject.  The book received much attention from evengelicals and fundamentalists, though little from other groups.  At the same time Abaraham Kuyper, though he never […]

The economy is never stagnant, either with respect to its performance (GDP growth, inflation, unemployment rate, etc.) or with respect to the level and degree of government direction (more or less socialistic, more or less market driven, etc.). Our economy is becoming more and more socialistic. One clear marker on this road to serfdom is […]

This is the first of what might be an ongoing series of posts based on our experience here in the District of Columbia (that’s Washington) this Fall.  Today’s post was stimulated by both some visits to public buildings and an article today by Lee Habeeb, in the National Review entitled “Risk Mismanagement.”  My own experience […]

From William Galston in the WSJ today.  Mr. Galston is referring to the same book that we commented on after the Financial Times of London made a similar review earlier this month.  Mr. Galston picks up on the theme that government spending on R&D has historically resulted in a lot of winners, including some of […]

Welcome to a new category of post, the Hall of Shame.  This category is for the most outrageous of political economy issues.  For our inaugural post, I offer this quote from former San Fransisco Mayor Willie Brown, a California political institution in his own right.  Writing in the San Francisco Chronicle, July 28 (As reported […]

Despite the temptation to address President Obama’s most recent foray into higher education–which, by the way, if implemented by Congress, would only drive up costs more and eviscerate much of what is left that works–I will examine a different issue, one that for Christians poses an even bigger problem in the long run.  It goes […]