Economics

Center on Wealth & Poverty

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Holding hands, support and closeup with trust, solidarity and community on a home table. Therapy, diversity and gratitude of friends together with hope, respect and love for grief empathy and forgive

Dueling Definitions of Compassion

“Compassion: Suffering together with another, participation in suffering.” The emphasis, as you can see from just looking at the word — “com,” with, and “passion,” from the Latin pati, to suffer — is on personal involvement with the needy, suffering with them, not just giving to them. The OED also includes a second definition of “compassion:” “The feeling, or emotion, when a person is moved by the suffering or distress of another, and by the desire to relieve it.” Read More ›
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San Francisco: From Doom Loop to Boom Loop

Is San Francisco making a comeback? A new mayor and a new approach to the homelessness and drug crises could be a game changer for the city that has long been mired in crime, chaos, and death. Jonathan Choe reports. Transcript Parts of San Francisco have been described as being stuck in a perpetual doom loop. A never-ending pattern of Read More ›

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Public domain image of the Barry Faulkner mural "The Constitution," at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Faulkner_-_%22Constitution%22_mural_(corrected).jpg

Returning to Our Founding Will Make America Great Again

To make America great again, every American citizen should know what was the main driver of America's success in becoming the world's superpower economically and militarily by the early 20th century. America's greatness then was primarily attributable to its spiritually-grounded culture and its form of government—a unique constitutional republic that empowered the people and the states more than elites and the federal government. Read More ›
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Starving homeless people receive food from volunteers who serve humane : The concept of giving

Springs Rescue Mission: More Than Food and a Bed

After some residents complained that those who join the Hope program get better food and the same bed every night, Leinweber asked, "There are some things we've put around this population that makes life harder; is that compassionate?" Then-CEO Jack Briggs responded, "It depends on what you want to incentivize." He criticized approaches that let people settle into victimhood with no sense that they can change their lives: "I don't think that's compassion." Read More ›
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gold bullion bars on usd money bills. Success concept

Another Round of Inflation on Deck

When we wrote this in 2022, it took about $1800 to buy an ounce of gold. Today, it is more like $2900. That implies an $1800/$2900=0.621 or a 38% decline in dollar value over that period. Prices will eventually adjust, over a period of years, to the new, lower value of the currency, with some prices moving faster and some moving slower. “All things being equal” (they never are but it is a good principle), we should expect a $2900/$1800 or 61% rise in prices of goods and services going forward, compared even to the inflation-boosted prices that we have had to get used to in 2022-2024. Read More ›
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Dr. Robert Marbut and Billy Baldwin Talk Fentanyl Doc with Brian Kilmeade

Senior Fellow Dr. Robert Marbut and actor Billy Baldwin appeared on Fox News Radio’s Brian Kilmeade Show to discuss their new documentary, Fentanyl: Death Incorporated. Marbut and Baldwin discuss how they got involved with the creation of the documentary, the origin of the fentanyl crisis, and the scope of the problem. “The stat that really brings it home,” says Marbut, Read More ›

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President Donald Trump holds a cabinet meeting, Wednesday, February 26, 2025, in the Cabinet Room. (Official White House Photo by Molly Riley)
Public domain image from the White House: https://commons.wikimedia.org/wiki/File:President_Donald_Trump_holds_a_cabinet_meeting_(54352152567).jpg

Can DOGE Audits Save U.S. From Debt Market Collapse?

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Homelessness CEO Spends 24 Hours Unsheltered in Seattle

In this episode of Restorations, Caitlyn McKenney is joined by Kim Cook the CEO of Bread of Life Mission in Seattle’s historic Pioneer Square. Caitlyn and Kim react to conversations Kim had during a 24 hour livestream outside in from of the Mission. Together, they discuss cancel culture, harm reduction, accountability and the power of dialogue with advocates from all Read More ›