This blog is a supplement to my colleague Jeff Haymond’s very informative blog of July 26 entitled “Turning to the Left….” I wanted to add a further ethical dimension to the discussion of income inequality which Jeff was addressing with regard to recent comments by Thomas Ricks at Politico. Jeff’s comments are worth reproducing in […]
Before I begin this blog, I beg the reader’s indulgence for such a long book review. However I considered this book worthy of such a detailed examination, due to its popularity and influence, barely three months after its appearance. I do hope the length will be justified by the service it may provide. I promise […]
I just finished a very interesting, but somewhat difficult, book on the economic thought of Evangelicals in Great Britain between around 1790 and 1880. Sounds really boring? Well, it was a little bit of slogging at times, but it was worth it. The author is Boyd Hilton, the title is The Age of Atonement: The […]
In light of the most recent apparent scandal (which really isn’t a scandal as I will show) involving the Department of Veterans Affairs, we are once again reminded forcefully of the perils not only of the expansion of the scope of government but also of the organization of government services through bureaucratic means. I said […]
On Good Friday I was watching a “debate” between the conservative Roman Catholic Raymond Arroyo and the Christian Left activist Jim Wallis on the subject of income inequality and the pronouncements of Pope Francis on economics and justice. The Fox News host Bill O’Reilly began with quotes from one very far left writer, Bill Scheer, […]
February 25, 2014 by Bert Wheeler
This is America Saves week. If there was one encouraging result from the “Great Recession” it was that personal savings increased. However it looks like that trend has reversed itself and we are returning to our accustomed low rates of saving. In a post in Real Time Economics on the Wall Street Journal’s site Jeffrey […]
February 3, 2014 by Bert Wheeler
In a post last Friday, January 31 “Bad Economics & Bad Theology: the Christian case for the minimum wage“, Professor Haymond pointed us to an article in The Week entitled: “The Christian case for raising the minimum wage” by Elizabeth Stocker. While Prof. Haymond promises commentary on Stocker’s article, I wanted to make a short […]
January 27, 2014 by Bert Wheeler
This winter, with it’s below average temperatures and above normal precipitation, has been great for “economic stimulus” if the Keynesian economic theory that almost everyone in the United States believes is correct. At least that’s been true in my household. Beginning in mid December, we’ve had a series of minor automobile mishaps that have created, […]
July 28, 2014 by clausonm
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