http://www.youtube.com/watch?feature=player_embedded&v=zppE-TstjEE While I am not much of a fan of Joe Scarborough, I think he hits a home run in this clip. Given the amount of work this penny apparently does, my proposal would be that we cut the other 99¢ per dollar and keep this stiff and resilient 1¢. What this highlights is our […]

Bert Wheeler Professor of Economics Berry Chair for Free Enterprise at Cedarville University When it comes to opinions on our nation’s economy, there are two opposing visions. One casts the United States as a nation based on free enterprise with minimal government involvement in business affairs. The other casts the United States as a nation […]

That’s at least what Mr. Bernanke suggests when challenged by Senator Corker during congressional testimony on Tuesday: Perhaps its true, IF the measure of inflation we should be concerned about is the rate of change of CPI.  But there are at least two ways to criticize this way of thinking, in addition to the serious […]

As we approach the impending sequestration, Mark Smith highlights the political tales of woe if it goes through (see below).  But there seems to be an inconsistency in the “We’re all Keynesians now” Washington D.C. crowd.  If you recall the fiscal cliff, President Obama proposed increased taxes that would only generate ~$80 Billion of additional […]

I only wish they had chosen a better name than “sequestration.” How do you write a ditty with that? Regardless, we are all gripped with Sequestration Fever, a malady that often follows on the heels of Debt Ceiling Dropsy and Fiscal Cliff Cough. We are now just a few days from either the end of […]