Economics

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. […]

The Judeo-Christian Worldview and Economics

By |March 20th, 2014|

 

 Socialism embodies a lust for power based upon the deceit by man of man. Capitalism embodies a lust for wealth based upon the service by man to fellow man. Socialism concentrates power and wealth for a few. Capitalism diffuses power and wealth for many. These two opposing systems hold the promise of blessings or curses to the nation that adopts them. It is the imperative of ethics (oughtness) rather than the indicative of morality (what is practiced) that elevates the fate of a nation. A nation can not expect good if it is not itself good. The choice between capitalism and socialism is an ethical one.
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ObamaCare chains more of U.S. to government dole

By |March 5th, 2014|

What sets Americans apart from people in so many other countries is that we actually like working. No, every job isn’t fun, but Americans understand the dignity that comes with work. We achieve a sense of self-reliance by producing something worthwhile, creatively using our unique talents, and providing security and opportunity for ourselves and our families. […]

The war for poverty

By |March 1st, 2014|

This year is the 50th anniversary of President Lyndon Baines Johnson’s War on Poverty, and there has been lots of discussion of whether it worked or didn’t. It didn’t, at least as regards its advertised purpose of reducing poverty. But it didn’t do anything to worsen it, either. That’s President Obama’s record. […]

Income inequality and economic mobility: the rest of the story

By |February 26th, 2014|

(Denver) In a major speech last December President Obama stated that “a dangerous and growing inequality and lack of upward mobility is the defining challenge of our time”. It is a theme to which he has frequently returned most notably in his State of the Union Address. […]