The economic indicators all show the economy is booming. Unemployment is at record lows. The stock market is seeing record highs. Wages are up, and taxes are down. Stifling regulations are being lifted. Everything seems to be working just fine. There is much truth in this perception of a boom. Part of this can be … Read more
The United Nations Population Fund is mounting a worldwide campaign to promote abortion and contraception, and they want you to pay for it. Their 2019 Report asks for $264 billion. The United States pays twenty-two percent of the expenses of the U.N. Combine those two numbers, and the U.S. share is a shade over $58 … Read more
Economics can be a brutal science. Its focus is limited to a particular part of human activity that deals with the process of wealth creation, acquisition, production, and consumption. It measures what has, and not what should have, been done. Economics is also a science of measurements. By calculating profits and losses, businessmen can plan … Read more
From an economic point of view, the state of the nation could not be better we are told. Unemployment is down to levels rarely seen before. Inflation is minimal. The stock market has reached record highs. Everything is in place for us to be happy. However, I am sure many join me in sensing that … Read more
One of the most appalling articles in recent memory comes from the people at National Public Radio. Entitled “Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows,” it refers to a report in the Journal of Epidemiology & Community Health. This conclusion is troubling on many levels. First is the suspicion … Read more
The trade war has ignited debate on the merits of tariffs and the need to protect the nation’s manufacturing base. Battle lines are drawn between an exaggerated localism that stresses self-sufficiency and a bloated globalism where products transit the Earth unhindered and markets alone rule. Those who adhere to a concept of self-sufficiency and protectionism … Read more
American Caviar … Only in America Caviar is arguably one of the finest things to please the palate of food connoisseurs. Harvested from the prehistoric sturgeon, a fish found more commonly in the Caspian and Black Seas, it was once considered to be something coming solely from countries like Iran and Russia. For years now, … Read more
There is a major problem with books written solely from an economic prism. Consider the fact that the American economy is booming by all major indicators. Unemployment is down to record lows. Inflation is minimal. Consumer confidence is up. We have not seen times like this for decades. Admittedly, wages are still low, and debt levels … Read more
Little remains of the vast edifice of family, community and faith relationships that once unified and anchored the American way of life. These things have not disappeared from the horizon. They are still important, but they have deteriorated. There is no more consensus about what they mean, and they no longer serve as anchors of … Read more
The new Congress, the shutdown and jittery markets have set the nation on the path of uncertainties. We are faced not with simple misfortunes or a predictable economic downturn. This crisis is somehow different since we face the unknown. It is the cause of great anxiety. It is a bit like running in the dark. … Read more
