Economics

When welfare beats work

By |August 25th, 2015|

(By Joy Overbeck, ’76 Contributor) With multimillionaire Democrats such as Hillary Clinton predictably accusing mean Republicans of ignoring the poor, and the upcoming election sure to hinge on “who cares more” about struggling Americans, it’s […]

How China’s past influences China’s stock market today

By |August 18th, 2015|

(By Helen Raleigh, Centennial Fellow) Before the most recent midsummer stock market turmoil in China, stock trading among Chinese investors had reached a fanatic pace. China has 90 million retail investors and almost all of […]

Another lessons for socialists: Beware Greeks bearing debt

By |June 25th, 2015|

It’s unlikely one would ever lack for examples of socialist failure. But should you ever find yourself at such a loss, the one that stands out perhaps most profoundly of late is Greece.

Greece’s problems are […]

Obama’s failed war on poverty

By |June 13th, 2015|

In his bow to holding a “conversation” about the poor, supported by two other progressives at liberal Georgetown University against one lone conservative, President Barack Obama’s big idea was to “invest” more to combat poverty, […]

Trading places: Pacific pact tests political alliances

By |May 1st, 2015|

President Barack Obama finds himself in unfamiliar — and uncomfortable — territory. In working out a Pacific trade deal, the president is surrounded in general agreement by Republicans even as the Democratic base — among […]

Exotic Las Vegas and singular Nevada

By |April 4th, 2015|

(Las Vegas) The longtime Las Vegas headliner Liberace famously remarked that “too Much of a good thing is…Wonderful”. He might have been describing this fabled desert playground itself which very simply has no counterpart  […]

Work ethic or entitlements: Americans must choose

By |February 16th, 2015|

(Centennial Fellow) On this Presidents’ Day it’s worth recalling the words of Franklin D. Roosevelt in 1933: “Our greatest primary task is to put people to work.”

Although sometimes considered the father of the American entitlement state, FDR understood that our sense of achievement and self-sufficiency comes from our work. […]

Economic freedom: What's the Bible say?

By |September 26th, 2014|

The Bible does not endorse American-style Capitalism, nor did the early church practice Communist central planning in the early chapters of Acts. You will not find Adam Smith prophetically foretold in the Scriptures, nor any allusion to Karl Marx. Republican Party economics is not a required part of Christianity. […]

Jay Ambrose: Isn't it time to pick on Piketty?

By |May 21st, 2014|

It can happen, I suspect, to any of us. Someone comes along with major thoughtfulness, lays it out in an enticing book that happens to lend aid and comfort to our ideological druthers, and we shout its praises and sneer at those who don’t. […]

The folly of blocking natural-gas exports

By |April 2nd, 2014|

The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. […]