Money & Economics

 

It Will All Come to Tears

October 23rd, 2009 by G. Tracy Mehan, III

What has it come to when you start getting anxious over a new budget document released by a federal agency like the Government Accountability Office (GAO), which some readers, of a certain age, will remember as the former Government Accounting Office? Maybe I…

 

Orthodox Church Threatens the Catholic Minority in Romania

October 15th, 2009 by Fr. Chris Terhes

The religious tensions are on the rise in Romania in the context of a political crisis in the country caused by the collapse of the governing coalition two months prior to the presidential election that will take place on November…

 

Ludwig von Mises: Economist for the Ages

October 9th, 2009 by Dr. Shawn Ritenour

It seems that when an economy goes bad, the temptation for intellectuals to go and do likewise is too much for them to resist. Public thinkers across the spectrum, from Paul Krugman to Richard Posner, are now calling for a…

 

Monetary Madness

September 10th, 2009 by Dr. Mark W. Hendrickson

China, Russia, et al. are talking about shifting their monetary reserves out of U.S. dollars. Gold has hit $1000 per ounce, even though wholesale and retail prices exhibit a deflationary bias. The United Nations has called for a new world…

 

Patients and Doctors: Partners not Adversaries

August 27th, 2009 by Jordan J. Ballor

In the midst of ongoing debate over the scope and desirability of various health care reform proposals, an obvious and critical component of cost management is going unnoticed: malpractice litigation.

By all accounts the soaring costs of health care have precipitated…

 

The New Mortgage Fraud: Kick ’Em When They’re Down

August 20th, 2009 by Kelsey VanOverloop

As the number of foreclosures rises across the country, many borrowers are willing to do almost anything to keep their homes, opening themselves up to the growing abuse of mortgage and real estate fraud. In the real estate market as…

 

The Next Great Depression, Updated

July 27th, 2009 by Dr. Mark W. Hendrickson

“There is nothing inevitable about another depression. We have a simple choice: We can repeat the errors of the past or we can avoid them.”

Those were my words, Feb. 8, 2008. It’s time for a “depression watch” update.

Unfortunately, it’s mostly…

 

Walking Away When You Can Pay

July 25th, 2009 by Kelsey VanOverloop

Some of the promises our government has made in the last few months about “helping people keep their homes” may actually worsen the housing crisis.

New proposals ignore the real danger associated with “strategic default,” when homeowners decide to stop paying…

 

Kind of Like Star Wars all Over Again

July 9th, 2009 by Lee Wishing

Remember SDI? There’s a good chance you don’t because as soon as Ronald Reagan announced his plan to develop a missile-defense system, his opponents mocked the program, calling it “Star Wars” rather than using the proper name, “Strategic Defense Initiative,”…

 

Something’s Rotten in Farrell

June 24th, 2009 by Lee Wishing

I wrote a few weeks ago about the struggle that a steel mill in my county is going through due to the AFL-CIO and its role in supporting the Buy American provision of the latest stimulus legislation. One of the AFL-CIO’s…

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