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 […]

To say that Bereans are out of step with the times, and that we are, so to speak, “on the wrong side of history,” is axiomatic.  We are not reflexively conservative, but we do begin with the premise that not everything that has gone on before is systematically wrong or evil.  Indeed, we tend to […]

My house is chock-full of books—both my husband and I are bibliophiles, and our favorite joint adventure is a book sale.  Before having our first child, I indiscriminately crammed children’s books into bags at local libraries’ semi-annual purgings.  Now that we have three children, I’m thankful to be pulling new-to-me books off our shelves to […]

In 2015 I penned a post on Proverbs 29:18, commonly quoted as “Where there is no vision, the people perish.” Today I think it’s time to come back to that theme. In my original post, I argued that the common meaning from the KJV doesn’t capture the Bible’s intent, with the ESV (and NASB/NIV/NKJV) translation […]

The second of a three part series on faith with just a hint of economic insight added for seasoning. Well, those of you reading that subtitle up there would be well within your rights to ask, “Part 2? When in the heck did part 1 come out?” Too long ago, fair, merryweather pilgrim of the […]

On Thursday, Joe Biden gave a historic presidential address. Part peevish lecture and part decree, the speech tried to justify an executive action we will study for years to come. The President warned that “our patience is running thin” with unvaccinated Americans, and this theme dominated both his address and his looming actions. The President […]

From their classic textbook, Universal Economics: Not only are violations of ethics more likely to prevent successful market activities but they are arguably more powerful in the economic market than in the markets of political and social exchange. Ask whether a seller/supplier or a politician tends to make more reliable promises. Which will suffer most, […]