Guest Commentary Editor’s Note: This article was first published by the TCS Daily and has been reprinted with the author’s permission. “When Jesus tells us he will regard the way we treat the hungry, the homeless, the stranger, the sick, and the … Continue reading
Guest Commentary Editor’s Note: This article was first published by the Commonwealth Foundation, and has been reprinted with the author’s permission. Summer’s Best Two Weeks (SB2W) is a non-profit summer camp located in the heart of Pennsylvania’s Laurel Mountains for children ages … Continue reading
Imagine buying a loaf of bread in August, 2005 for $2 and then, just a year later, finding the same loaf priced at $22! That is the kind of annual price inflation—1000% or more—that the already poor people of Zimbabwe … Continue reading
A few days ago, I told my teenage daughter, who works at the local Dairy Queen, that the minimum wage in Pennsylvania is going to increase. Since she makes a little less than $6.25 per hour, which is the amount … Continue reading
Nothing exposes the ignorance or insincerity of policy makers more than support for the minimum wage. If wages could be set by government decree, then why stop at paltry $7.15 an hour as the Pennsylvania house recently did, and wouldn’t … Continue reading
Inflationomics, in popular terminology, indicates the sway of inflation thought in education and the affairs of government. It permeates political life and behavior, especially when economic policies are discussed and decided. It usually speaks well of an increase in the … Continue reading
Guest Commentary Like most people, I feel the sting when it costs $55 to fill up the family minivan. As a result, I’ve been driving around town more often in our Civic, which gets twice the gas mileage. I suspect … Continue reading
To the surprise and wonder of many economists the U.S. dollar continues to be rather strong in international money markets despite ever growing American trade deficits. Last year these deficits amounted to more than seven hundred billion dollars or six … Continue reading
With just five minutes to go in the Steelers-Colts playoff game last Sunday, NFL Referee Pete Morelli made a terrible call against the Steelers. On Monday, the NFL made a rare statement saying that Morelli was wrong. Thankfully for Steelers … Continue reading
Good intentions, when guided by error and ignorance, may have undesirable consequences. There is no better example than minimum wage legislation. It means to raise the wages and improve the living conditions of poor workers but actually condemns many to … Continue reading
Recently, Wal-Mart Corporation announced plans to build a Super Wal-Mart store a few miles outside of the town where I live, Grove City, Pa. In response to Wal-Mart’s plan, a local faith organization held an open showing of a film … Continue reading
In a national election, the people pick a president and for four years; thereafter they pick on him. But few presidents have ever picked on their successors after they failed to be reelected. Most have made a graceful exit and … Continue reading
What a spectacle! This week Congress heard testimony from oil executives, who, along with the companies they run, are allegedly making too much money. As such, “Big Oil,” or—more specifically—those rapacious, robber-baron CEOs who stand atop that heaping mass of … Continue reading
(Download the PDF white paper here.) Editor’s note: Jeffrey M. Herbener, Ph.D. is a fellow for economic theory and policy at The Center for Vision & Values. He is a professor of economics and chair of the economics department at Grove … Continue reading
Ever eager to observe and command, government officials like to record their countrymen’s economic dealings with people abroad. They create balances of payments which are to help them evaluate and manage economic relations. Last year the American balance posted extraordinary … Continue reading
CVV Inaugural Conference The Road From Poverty to Freedom: A Look Backward and Forward at the War on Poverty (Sticht Lecture Hall in the Hall of Arts and Letters) “The Bad Effects of Good Intentions: Why the Welfare State Inevitably … Continue reading
EDITOR’S NOTE: In the following essay, Dr. Sennholz provides perspective and proposals on the current Social Security debate. Introduction An old English saying perfectly applies to election promises made by presidential candidates: “Vows made in a storm are forgotten in calms.” … Continue reading
A few weeks ago Senate Republicans unveiled a twelve-point poverty alleviation program. Many items on that agenda are controversial, but one of them—a push to reauthorize the welfare reform legislation that was enacted in 1996—won’t be. Although Democrats disagree with … Continue reading
In a week I will be a reluctant recipient of plundered property. The modern day Robin Hood purloined the cash last year on my behalf and without my knowledge. Technology comes into play too. Using a piece of sophisticated software, … Continue reading
Editor’s Note: On occasion, we would like to let you know of other important organizations doing good work on behalf of the principles that we support in Vision & Values Concise. Please see the piece below from the president of The … Continue reading
