Public Policy

November 29, 2016

Financial deregulation expands opportunity

The Dodd-Frank Act became law in 2010, adding more regulation to a banking industry that was already heavily regulated. The main purpose of this 2,300 page act was to give consumers protection against big profit seeking banks but the unintended consequences prove to be much greater. Continue Reading...

November 21, 2016

Washington showdown looms over Ex-Im Bank and cronyism

Sen. Lindsey Graham, Republican from South Carolina, wants to change the rules of one of the biggest crony capitalist organizations in Washington. He wants to make it easier for the Export Import Bank to dish out large amounts of corporate welfare to companies such as Boeing, which already brings in revenues upward of $95 billion per year. Continue Reading...

November 17, 2016

Now that Republicans control the government, here’s what we can expect

Because of the recent election, Republicans now control the White House, the U.S. Senate (51 percent), the House of Representatives (54 percent), 31 of the 50 state governorships (62 percent), and a record 67 of the 98 partisan state legislative chambers in the nation (68 percent). Continue Reading...

November 10, 2016

Trump’s first ‘Hundred Day’ economic plan

In a radio address on July 24, 1933, President Franklin D. Roosevelt referred to the 100-day session of the 73rd United States Congress between March 9 and June 17, a session that produced a record-breaking volume of new laws. Continue Reading...

November 04, 2016

Why great men are almost always bad men

“Power tends to corrupt, and absolute power corrupts absolutely,” is the most famous quote by the English Catholic historian Sir John Dalberg-Acton. But what exactly did he mean by it? That particular quote comes from a letter to Bishop Creighton in which Lord Acton explains that historians should condemn murder, theft, and violence whether committed by an individual, the state, or the Church. Continue Reading...

October 31, 2016

Do the wealthy pay their fair share of taxes?

During her presidential campaign, Sec. Hillary Clinton has repeatedly said she’d implement a tax system in which the wealthy “pay their fair share in taxes.” Expecting the rich to pay what is “fair” is not asking to much of them. Continue Reading...

October 14, 2016

Sed contra: Taxation is theft

Over at the Libertarian Christian Institute, Jamin Hübner engages my reflection on taxation and Sam Gregg’s book, For God and Profit, with his sed contra: “But what if the ‘taxation is theft’ creed is consistent with both Christian and libertarian ideas, and that all things considered, taxation really is theft? Continue Reading...

October 13, 2016