“Obama Announces ‘Framework’ for Deal With Congress to Extend Bush-Era Tax Cuts.” That was the lead headline at this morning’s FoxNews website. It’s an eye-grabber, for sure. The article explained that the “framework” outlined on Monday evening by President Obama … Continue reading
Economics & Political Systems
The Lessons of Japan
Since Fed chairman Ben Bernanke announced his plan for the Federal Reserve to inflate (I’m sorry, “quantitatively ease”) commercial bank reserves by $600 billion, he has come under surprising, but understandable, criticism. So much so that he has felt compelled … Continue reading
Dealing with the Debt Monster: A Political Lesson from Millard Fillmore
In January 1850, President Zachary Taylor peppered the air with language bluer than a Union uniform. He asserted that he would personally lead an army against traitors who threatened secession and would string ‘em all up with as much determination … Continue reading
Fed Up With the Fed
What happens to a car company that makes crummy cars, a restaurant that serves lousy food, or an insurance company that poorly serves its policyholders? Unless they mend their ways, they lose customers and eventually go out of business. That’s … Continue reading
A Thanksgiving Lesson
Every fall in my Econ 101 course, during the last class period before we part for Thanksgiving, I share a lesson from early American history. It is particularly timely, because it deals with those we credit with the first American … Continue reading
Dead Man Walking: Dealing with Deflation
Editor’s Note: A version of this article first appeared in American Thinker. To Federal Reserve Chairman Ben Bernanke, deflation is regarded as Public Enemy Number One. In the words of New York Times columnist and Nobel Prize-winning economist Paul Krugman, … Continue reading
Financial Waterboarding
Written by the administrative director of The Center for Vision & Values for WORLD Magazine. Read the article.
What’s Next? Buckle Up
Guest Commentary The Republican Party, with the help of the Tea Party, swept the House of Representatives with a massive pickup of at least 60 seats. The Federal Reserve made another historic announcement with its $600-billion “Quantitative Easing” program (QE2). … Continue reading
Mission Impossible: Rescuing the Dollar
Written by the administrative director of The Center for Vision & Values for WORLD Magazine. Read the article.
Tough Times Ahead: Gridlock and Quantitative Easing Are Not Enough
Now that the elections are over, attention is turning to the economy. The stock market rose steadily from the end of August up to the elections. Since the stock market tends to be forward-looking, its recent strong and steady rise … Continue reading
The Great Corrective
On November 4, 2008, something incredible happened, something that will never again allow me to predict or trust the American electorate, regardless of the great corrective that happened this Tuesday, November 2, 2010. For one, the American voter decisively elected … Continue reading
Controlling the Fed
Written by the administrative director of The Center for Vision & Values for WORLD Magazine. Read the article.
Dangerous Election-Year Demagoguery on Trade
As is customary in the days leading up to an election, the campaign rhetoric is getting heated. Here in western Pennsylvania, Democrats have gained points in the polls by adopting an aggressively protectionist ad campaign. Democratic candidates for the House … Continue reading
How the Progressives Will Win
Karl Marx once commented that voters’ choices in a democracy constituted little more than deciding which bourgeois party would oppress them the most. The old misanthrope’s views on such matters are usually worth ignoring, but he had a point with … Continue reading
STREAMING VIDEO — Executive Director Lectures on His Latest Book Release at the Heritage Foundation
To read a description of this book event and view a streaming video of the Heritage Foundation lecture, please click on the link below: “Dupes: How America’s Adversaries Have Manipulated Progressives for a Century”
STREAMING VIDEO — National Press Club Lecture on “Dupes and Why Communism Still Matters”
To view a streaming video of this National Press Club lecture in Washington, D.C., please click on the links below: “Dupes and Why Communism Still Matters” (Part 1) “Dupes and Why Communism Still Matters” (Part 2) “Dupes and Why Communism … Continue reading
Breakdown
You’ve probably seen the headlines about major banks suspending foreclosure proceedings to reclaim houses from borrowers who have defaulted on their mortgages. This has the potential to be hugely disruptive—a milestone development comparable to the failure of Lehman Brothers in … Continue reading
STREAMING VIDEO — "Cows, Communists, and Cell Phones"
To view a streaming video of this event from the Freedom Readers Lecture Series, please click on the link below: “Cows, Communists and Cell Phones: An economics lecture most students will never hear” For MAC users: If you experience difficulty playing … Continue reading
Follow the Stem Cell Money
Written by the administrative director of The Center for Vision & Values for WORLD Magazine. Read the article.
“I Want Your Money”
Today, October 15, the dynamite documentary, “I Want Your Money,” opens at theaters nationwide. The release of this film so close to the midterm elections on November 2 is no coincidence. “IWYM” is a cry of the heart from its … Continue reading