Maybe you have read some articles in the past weeks about insurance providers leaving the Obamacare market in some states (I just read another one today).  Well, it likely will get worse.  Here is what is happening.  First we need to understand how Obamacare works.  The entire scheme was predicated on the ability to tax […]

When asked how one could tell whether a country had left capitalism and become a socialist economy, the Austrian economist Ludwig Von Mises said: “A stock market is crucial to the existence of capitalism and private property. For it means that there is a functioning market in the exchange of private titles to the means of […]

In a blog a few weeks ago, I mentioned that I was writing a book on the topic of worldview.  I posted the first chapter and asked for feedback.  I appreciate the comments I received, and the spirit in which they were made.  I have also edited the chapter I posted then, both before I […]

I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today.  The trilogy is massive, running to about 2,000 pages in three volumes.  This third volume is Bourgeois Equality (University […]

I have so far avoided taking any position on the two main candidates for president.  For my colleague Mark Smith, don’t worry, I will.  I intend to continue the path of avoidance in this blog.  Today I would like to examine and evaluate each candidate’s economic program.  I say nothing about their personal morality, or […]

Well, the rage now is politics, electoral politics.  My colleague Mark Smith has been busy the past few days addressing Wayne Grudem’s qualified support of Donald Trump for president.  I am not going there for now.  I wanted to say something about the bigger picture of how and why we got to where we are […]

Wayne Grudem, the theological guru, has created a firestorm by publishing an argument in favor of voting for Donald Trump. While I respect Grudem, I have three major problems with this advocacy. First, Dr. Grudem minimizes Trump’s weaknesses, which causes him to put too much faith in what Donald Trump might accomplish (Part 1). Second, […]

Wayne Grudem, the theological guru, has created a firestorm by publishing an argument in favor of voting for Donald Trump. While I respect Grudem, I have three major problems with this advocacy. First, Dr. Grudem minimizes Trump’s weaknesses, which causes him to put too much faith in what Donald Trump might accomplish (Part 1). Second, […]

Wayne Grudem, the theological guru, has created a firestorm by publishing an argument in favor of voting for Donald Trump. While I respect Grudem, I have three major problems with this advocacy. First, Dr. Grudem minimizes Trump’s weaknesses, which causes him to put too much faith in what Donald Trump might accomplish (Part 1). Second, […]

The City of Brotherly Shove hosted the Democratic National Convention. Wisely, I did not attend. The DNC was, like its GOP counterpart, a historic affair. At the end of it all, a major party nominated a person uniquely unfit for the presidency. Granted, Hillary Rodham Clinton is a woman, but as she would surely prefer, […]