In recent years, the price of gasoline has soared as the supply of crude oil has risen in response to unprecedented global demand. But never fear, Uncle Sam is here! Citing the need to decrease our country’s dependence on foreign … Continue reading
Property taxes in Pennsylvania appear locked into a long-term uptrend. In recent years, there have been huge increases in the portion of the property tax that finances county government. County officials have levied these increases to pay for the unfunded … Continue reading
During the second half of the twentieth century, union officials prospered mightily, while millions of rank-and-file union members saw their jobs vanish. Since union policy is set by the bosses, I am not optimistic for significant reforms, but since my … Continue reading
Central banks live by a simple financial principle: Whenever economic activity stagnates or declines, they quickly lower their interest rates and expand their credits. But when business seems to improve, they hesitate and vacillate in removing the rate cuts. The … Continue reading
Guest Commentary “I kept on going into factories, I kept on talking with workers to tell them that I want to be a president of the republic who will protect them, who will protect against outsourcing, that I will not … Continue reading
It’s time to scrap last year’s carefully crafted campaign image of Robert Casey as a moderate. Barely three months after taking office, the junior U.S. senator from Pennsylvania is launching class warfare in the virulent anti-capitalist tradition. In reaction to … Continue reading
Guest Commentary The evil oil companies are at it again. The price of a gallon of gas has jumped by more than 30 cents in the past month. The gasoline gougers are busy reaping windfall profits. It’s time for a … Continue reading
Editor’s Note: Reflecting the breadth and depth of top-notch scholarship being pursued by the faculty of Grove City College, The Center for Vision & Values is pleased to release the second in a series of exclusive monthly papers being offered through … Continue reading
Editor’s Note: Reflecting the breadth and depth of top-notch scholarship being pursued by the faculty of Grove City College, The Center for Vision & Values is pleased to release the first in a series of exclusive monthly papers being offered through … Continue reading
Guest Commentary When something is offered to us for free, we become suspicious. Internet scams, all-expense paid vacations and interest-free loans all beg the question, “Where is the catch?” Read the fine print and the true cost becomes apparent. Increasing … Continue reading
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
