About Mark W. Hendrickson

Dr. Mark W. Hendrickson is a retired adjunct faculty member, economist, and fellow for economic and social policy with the Institute for Faith and Freedom at Grove City College.

Why Fracking is a Big Issue

In my previous column, I described the “paradox of prosperity”—the strange tendency of many people who have benefited from economic advances to denounce and vilify the source of their prosperity, a sort of “bite-the-hand-that-feeds-you” phenomenon. One example of this syndrome … Continue reading

The Paradox of Prosperity

In Friedrich Hayek’s 1954 book Capitalism and the Historians, the late French philosopher and political economist Bertrand de Jouvenel noted a baffling historical trend: “Strangely enough, the fall from favor of the money-maker coincides with an increase in his social … Continue reading

The Real Christmas

Amidst this season of gift-giving and merry-making, let’s ponder three remarkable aspects of the nativity of the baby Jesus two millennia ago. #1. Birth to a virgin. To atheistic materialism, this seems like a fairy tale. Spiritually, though, what could … Continue reading

What’s Wrong with a Tax on Billionaires?

Among the many radical economic plans offered by various Democratic presidential candidates, Senators Bernie Sanders and Elizabeth Warren have proposed an annual wealth tax on billionaires (and other “ultra-rich” Americans). Sanders has bluntly stated, “There should be no billionaires.” These … Continue reading