Contrary to the motivational speakers, if you want something bad enough, you’ll do bad things to get it, and get bad results. The Democratic Party is preparing to walk over the cliff with their tax and spend bill, and they will have no escape from the inflationary effects to follow. It won’t matter that this […]

In part 1, I walked us through the basic macro model of aggregate supply and aggregate demand to show that either increased demand or decreased supply, or both, could lead to higher prices. In this post, I want integrate money into the picture, since I agree with Milton Friedman’s famous dictum, “inflation is always and […]

A horrifying police state controls all. Its terrifying power stops anyone who dissents from the correct point of view. Political dissidents are “tried” in a kangaroo court without a jury and sentenced to immediate execution. Propaganda fills the eyes and ears of all from the moment they wake up to their last moments before sleep. […]

This post is going to take on the task already better endeavored by men such as Neil Postman, Robert Putnam, and Alexis de Tocqueville.  My argument won’t be as elegant, but perhaps will serve as a clarifying reminder to our readers or a stab at answering some of the difficult questions posed to us by […]

There are times when I wonder why my parents didn’t send me back to the manufacturer for some of the stupid things I did in my youth. Many years ago, when this fearless author was but a wee lad, I returned home from a church event with my brother, both of us in possession of […]

Inflation as measured by the Consumer Price Index hit 5.4% year-over-year in September, which is over double what the Federal Reserve said is its goal (2%). There are increasing numbers of Fed critics joining your friendly neighborhood Bereans, most humorously by former Treasury Secretary Larry Summers: SYDNEY–Former U.S. Treasury Secretary Larry Summers has sounded alarm […]

If you can’t stand the thought of your 401k being cut in half, then perhaps you ought not be in the stock market. It’s unfortunate, but the Federal Reserve has engineered asset prices to leave most investors with the Hobbesian choice of greatly overvalued stock and bond markets, or going with the money market opportunities […]

This Berean thinks so–so let me defend why. I was quite surprised when I heard the Biden Administration say that they had many Nobel economists* endorse the “Build Back Better” plan, but I was especially surprised that the Biden administration claimed these economists said the plan would ease inflationary pressures. I figured there had to […]

One of the continuing tropes we see around every debt limit extension is: 1) if we don’t extend the debt we force the government into default, and 2) the U.S. has never defaulted on its debt, and finally 3) that would force the U.S. to pay much higher interest rates in the future. So let […]

The finale of a three part series on faith with just a hint of economic insight added for seasoning. It’s a beautiful October day in the neighbourhood, and what better way to spend it than by cuddling up next to the window, watching the leaves change before your very eyes, and pondering the interrelatedness of […]