Economics & Political Systems

The Decline and Fall of America

A few days after the election of 2012 the very talented Michael Ramirez published a political cartoon that perhaps conveyed a more profound meaning than he anticipated. He depicted a pair of hands extending from star-studded sleeves (presumably from a mendicant Uncle … Continue reading

STREAMING VIDEO — Faith, Freedom and the Entrepreneur

Dr. Craig Columbus (executive director of The Center for Entrepreneurship & Innovation) joins Dr. Paul Kengor (executive director of The Center for Vision & Values) and Glen Meakem (a successful venture capitalist and radio talk-show host) on the campus of Grove City College for an evening discussion … Continue reading

Holding the Fed Accountable

Editor’s note: On Wednesday, October 10, at 7 p.m., Dr. Craig Columbus will join executive director of The Center for Vision & Values, Dr. Paul Kengor, and successful venture capitalist and radio talk-show host, Glen Meakem, on the campus of … Continue reading

Who Spends Wisest?

Editor’s note: A version of this article first appeared at Forbes.com.The financial and economic meltdown of 2008 was preceded by large increases in government spending and monetary inflation that artificially lowered interest rates. Those interventionist policies fueled massive capital malinvestment, including housing and credit bubbles, all of … Continue reading

President Obama’s Munich Moment

In September 1938 the British prime minister had a problem. The Third Reich’s psychopath-in-chief was scorching the airwaves in one of his trademark rants, this time about the supposed oppression of Germans living in Czechoslovakia. He threatened war unless Western … 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