Recent College Graduates Slacking in Income Growth

Time to throw out all the brochure-based projections. Recent college grads now have lower income growth rates than the general public. Isn’t the whole point that, yes, you deferred earning for 5 years and, yes, you start at a lower … Read More

The Suicide of the Dollar: How A Legally Dubious 9 Billion Dollar Punishment from Eric Holder Endangers Us All

The Justice Department under Eric Holder just imposed a massive 9 billion dollar penalty on French company BNP Paribas, for violating trade sanctions which France does not recognize. These huge, 9bn-type fines imposed by the Obama administration on … Read More

Success = f(EFFORT, ability)

Track is my favorite sport. My earliest memories go back to the 1968 Olympic Games in Mexico City where Bob Beamon soared almost two feet beyond the existing world record in the long jump; and Jim Ryun, arguably the … Read More

Was Katrina Disaster God’s Judgement on Corruption?

Ray Nagin, former mayor of New Orleans, was sentenced to 10 years in federal prison last week.

Do you remember the debates about whether the Katrina disaster was a judgment on New Orleans? Some on the religious … Read More

What Hobby Lobby Means for Big Healthcare Firms

Abortifacient Manufacturers, in Light of Hobby Lobby Case

On Monday, June 30th, the Supreme Court overruled an Obamacare mandate that forced family-owned corporations, such as Hobby Lobby, to pay for “emergency contraceptives” and birth control for their employees.

This paper … Read More

Annals of Overblown Stories: Tapering Will Kill Emerging Markets

I’d like to contrast the ‘big’ investment stories (as defined by press coverage) with the important stories as measured by principled reasoning.

Tapering is the biggie: Markets ebbed and flowed reflexively in response to the expectations that Quantitative Easing would … Read More

Unmasking the Fair Trade Fraud

Now will all the clergy who rhetorically shoved fair trade coffee down the gullets of their parishioners apologize to them? More to the point, will they apologize to the villagers around the world who are paid less and with lower … Read More

It’s Not Europe That’s Stagnating; It’s Socialist Europe That’s Stagnating

France and Italy under left parties are floundering. Germany and England under conservatives are flourishing. It’s not that developed is decoupling from emerging, or that the U.S. is decoupling from old world. Throughout history, what’s always happening bit-by-bit, year-by-year, is … Read More

Let’s Call French Economic Patriotism What It Really Is: Fascism

The authority to ban shareholders of French companies from selling a majority of their shares to foreign investors is an abuse of property right, and a license to protect French company executives from their own shareholders. It will concentrate power … Read More

Pope Francis on Capitalism as Idolatry

Pope condemned globalized markets as alleged “idolization of money” — so government doesn’t idolize money? They sure seem to take a lot of it. Also, is there no idolization of political power in the name of ‘security’ in the form … Read More

Let There Be Darkness

Here’s a link to the video of one of my recent interviews on American Family Radio, Crane Durham’s Nothing But Truth, about fiat money. The inevitable result of treating the government as a divine savior is to give it … Read More

The Degeneration Of NATO

NATO ceased to be a genuine military alliance in 2004, when idealists made the short-sighted decision to include the small, weak, vulnerable states of Latvia, Lithuania, and Estonia in the alliance. This inclusion increased the chance of the United … Read More

Second Largest Nation in the World Scraps Socialism

India is the world’s second largest country, and by some measures, its third largest economy (having recently passed Japan in GDP adjusted for purchasing power). Its new Prime Minister, sworn in last week, is promising revolutionary roll-backs in the size … Read More

Where Did The Virgin Murderer Get His Worldview?

Peter Rodger had nothing to give his son except vast sums of money: A $40,000 BMW, first class tickets to a private Katy Perry concert. No God and no moral code above the vapid coexist bumper sticker ideology. His anti-Christian … Read More

No, Reuters, Market Didn’t “Shrug Off” Anti-Euro Votes — Markets Applauded Them

Reuters is so deep into the ‘European Project’ that it never occurred to them that a rise in European markets, after shockingly (if you’re only a reader of Europe’s establishment press) strong gains by euro-skeptic parties, might possibly be good … Read More

Banned Visas? Small Effect. Not Being Banned by Visa? Priceless

It’s over. The Russian expansion into the Crimean peninsula is a done deal and the financial sanctions are feather weight. The only real sanctions which might have hurt Russia didn’t happen. Germany didn’t ban energy imports. Doing so would … Read More

South America’s Most Free Nation Rapidly Growing Less Free

Increase in education spending without any increase in accountability will be disastrous. Eliminating parent co-pay for tuition will weaken competition and weaken parental control. Forbidding funding of for-profit schools will cut off the powerful incentives of the profit motive, and … Read More

What CNN’s Fareed Zakaria Got Wrong About Russia Last Week

Every week, Fareed Zakaria opens his CNN show GPS by giving the audience his “take” on the key events of the week. More often than not, the subject of Fareed’s opening argument is what American conservatives were wrong about … Read More

Fed Balance Sheet Hits 4 Trillion: This is Tapering?

A year ago the Fed’s balance sheet was 2.6 trillion. Before the financial crisis it was half a trillion dollars. This is explosive growth in monetary base, unprecedented, and dangerous to dollar stability and therefore to global stability. Ignoring the … Read More

Why Putin Will Not Invade Ukraine

For Putin to annex eastern Ukraine as he did Crimea would be an uncharacteristically foolish move, coming from a shrewd statesman with a proper understanding of the nuances of international politics. Provoking a war with the Kiev government would have … Read More

Upper Middle Class Guilt Manipulating Pietism

From our friend David Bahnsen, a very highly regarded financial advisor, some long overdue answers to hypocritical church leaders who scold business profits while living well off of the proceeds of them.

Read the article here.

Jerry Bowyer

Jerry Bowyer … Read More

Say No To The 202

My first criterion for choosing our next candidates for president is that we choose nobody with a 202 area code. Washington DC no longer inculcates leadership: it inculcates hunger for power, narcissism, greed, and ambition. That’s the point I made … Read More

As Investment Grows, Human Rights Do Too

There is a common misconception among the critics of free global investment markets that political oppression and capitalism go together. Their view entails the idea that, throughout history, states have sacrificed civil liberties in pursuit of economic development. This view … Read More

Putin and Providence

Here’s a video of my conversation with my good friend, Crane Durham of American Family Radon Network, for those who are looking for an analysis of the Crimean crisis which includes theological interpretations, in addition to the geopolitical and … Read More