Money & Economics

 

God, Socialism, and the Free Market

March 18th, 2010 by Dr. Paul Kengor

Dr. Paul Kengor: Dr. Shawn Ritenour, before we get into more detailed questions, give us a synopsis of your book and your motivation for writing it.

Dr. Shawn Ritenour: “Foundations of Economics” is an introduction to economic principles, showing there…

 

Credit Culture: Incentivizing Greed and Irresponsibility

February 27th, 2010 by Ken Connor

On February 22, 2010, nine months after President Obama signed the legislation, new credit card rules designed to protect consumers from the unscrupulous and manipulative tactics of credit card companies went into effect.  The legislative momentum that led to the…

 

Die Hard — The Welfare State

February 27th, 2010 by John Couretas

No, that’s not the new Bruce Willis movie. That’s the spectacle we’re witnessing now of general strikes in Greece in response to proposed austerity measures designed to keep the country from the fiscal abyss — and maybe dragging down…

 

Joseph E. Stiglitz: An Economist in Freefall

February 25th, 2010 by Dr. Samuel Gregg

A rare growth industry following the 2008 financial crisis has been financial crisis commentaries. An apparently endless stream of books and articles from assorted pundits and scholars continues to explain what went wrong and how to fix our present problems.…

 

Book Review: Econoclasts

February 13th, 2010 by Dr. Mark W. Hendrickson

Brian Domitrovic, assistant professor of history at Sam Houston State University, has written an important book. Econoclasts is the first in-depth history of “supply-side economics,” the intellectual movement that laid the foundation for the tax-cut and sound-money policies…

 

Bernanke Bad for Limited Government and the Little Guy

January 27th, 2010 by Jonathan Witt

This week’s reappointment vote for Fed Chairman Ben Bernanke has created some strange bedfellows in Washington. A muddled middle of Republicans and Democrats supports the Keynesian’s reappointment, but the real odd couples are among the opposition. For different if overlapping…

 

From the Lead Frying Pan into the Toxic Fire

January 14th, 2010 by Jordan J. Ballor

In late December RC2 Corp., the Oak Brook, Ill.-based maker of Thomas & Friends Wood Railway toys, agreed to pay a $1.25 million civil penalty for allegedly violating a federal lead paint ban in 2007. The violations resulted in a…

 

Combating Recessions: The Search for the Right Macroeconomic Policy

December 26th, 2009 by Dr. Mark W. Hendrickson

What should governments do to combat recessions? In the United States, before the Great Depression of the 1930s, the answer was “very little.” Of course, the federal government was much smaller then compared to the size of the…

 

The Regressive Carbon Tax

December 23rd, 2009 by Jordan J. Ballor

A new NBER working paper promises to blow up the myth that it is primarily the wealthy that will bear the cost of taxes on carbon emissions. In “Who Pays a Price on Carbon?” Corbett A. Grainger and Charles…

 

The Bondage of Debt

December 21st, 2009 by Ken Connor

The rich rules over the poor, And the borrower is the slave of the lender.  (Proverbs 22:7 ESV)

In the Old Testament book of Proverbs, King Solomon details the differences in thought, word, and deed between a wise man…

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