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.

Alex Karras, RIP

Alex Karras, the former Detroit Lions All-Pro defensive tackle and later a successful actor, died on October 10. I have vivid memories of him before he ever gained immortality as “Mongo” in “Blazing Saddles” or as the stepdad of “Webster.” … Continue reading

The Winners and Losers From QE3

Editor’s note: A version of this article first appeared at Forbes.com. The only doubt about the Federal Reserve’s decision to embark on a third round of quantitative easing was about when it would begin. It was a foregone conclusion that Chairman Ben Bernanke’s … Continue reading

Yo-Yo Economics?

Editor’s note: A version of this article first appeared at Forbes.com.President Obama recently referred to free-market economics as “you’re-on-your-own economics.” It’s a catchy phrase—rhythmic, alliterative, clever. Too bad it’s bunk. The only genuine “you’re on your own economics”—let’s call it “yo-yo … Continue reading

The GOP: A Party in Flux

Editor’s note: A version of this article first appeared at Forbes.com With Rick Santorum having dropped out of the race, Mitt Romney is apparently the Republican nominee for POTUS, barring a “black swan” event swooping down out of nowhere. Why has the Republican Party … Continue reading

A Whiff of Privatization

Three decades ago, Prime Minister Margaret Thatcher implemented a policy called “privatization” to rejuvenate the moribund economy of the United Kingdom. Like the United States today, the cost of a too-large government was sapping the vitality of the U.K.’s economy. … Continue reading