Latest Posts

July 07, 2014

Reclaiming the Honor of Craftsmanship

As economic prosperity has increased, and as the American economy has transitioned from agrarian to industrial to information-driven, manual labor has been increasingly cast down in the popular imagination. When our youth navigate and graduate from high school, they receive pressure from all directions to excel in particular areas and attend a four-year college, typically in pursuit of “white-collar” work. Continue Reading...
July 07, 2014

The Economic Legacy of World War I

The Great War began 100 years ago last week. From an economic perspective (from Pulitzer Prize economist Liaquat Ahamed) the European nations paid for WWI not with taxes, but with massive debts financed largely by America. Continue Reading...
July 07, 2014

Why Bootleggers and Baptists Align on Regulation

“Politics makes strange bedfellows,” said Charles Dudley Warner. And nowhere is that more true than in the political alliances that form around regulation. In a 1983 paper, regulatory economist Bruce Yandle coined the catch-phrase “Bootleggers and Baptists” for the observation that regulations are often supported by peculiar alliances who have very different end-goals in mind. Continue Reading...
July 03, 2014

Beware of Self-Willed Religion

Last week, I wrote about the danger of self-chosen sacrifice, channeling evangelist Oswald Chambers, who warns us to “never decide the place of your own martyrdom.” “Always guard against self-chosen service for God,” he continues. Continue Reading...
July 03, 2014

Can We Separate Church And State? Or Church From Anything?

Thomas Jefferson believed that the practice of one’s faith should not be impinged upon by one’s government. He wrote of this in a letter or address to the Danbury Baptist Association: Believing with you that religion is a matter which lies solely between Man and his God, that he owes account to none other for his faith or his worship, that the legitimate powers of government reach actions only, and not opinions,” he wrote, “I contemplate with sovereign reverence that act of the whole American people which declared that their legislature should ‘make no law respecting an establishment of religion, or prohibiting the free exercise thereof,’ thus building a wall of separation between Church and State.” Continue Reading...