Economics

Center on Wealth, Poverty, and Morality

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Printing US Dollar Notes
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Close the Mint?

Both the European Union and the U.S. government have proved themselves to be incompetent to mint coins. The Economist Magazine just reported that “1- and 2-euro coins, when clutched in sweaty hands, release 300 times more nickel than is allowed by EU guidelines.” According to The Washington Times: “Three years after its splashy introduction by the U.S. Mint, the Sacawagea Read More ›

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Close up view of the income tax return
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Tax Patriots … and Scoundrels

During the past few weeks, some members of Congress have called corporate executives unpatriotic for moving the legal home of their companies to low-tax foreign countries. The implication is that the business people and their tax lawyers are scoundrels, and countries with low tax rates are evil tax havens. But do the charges hold up? If Webster’s dictionary correctly defines Read More ›

Do You Need Financial Privacy?

If you haven’t done anything wrong, and you are not a drug dealer, criminal, or terrorist, why should you care who sees your bank and credit card statements and tax returns? This is the argument that is given by those who argue for stripping away all financial privacy, and it sounds good until you begin to think about the consequences. Read More ›

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Neon Sign for Public Market in Seattle
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Needed: A Tax Cut that Helps Small Tech Firms Bounce Back

President Bush’s tax-cut proposal is commendable. But at the threat of finding a cloud in its silver lining, it misses one key ingredient: reform aimed at spurring growth where it is most lacking ? in small business, particularly technology business. This sector of our economy, so well represented in the Northwest, has proven critically important in spearheading past economic recoveries. Read More ›

Economic Sabotage

The American people are under attack not only from foreign terrorists but now from some members of their own U.S. Congress. The most basic function of government is to protect the people and their property. Our intelligence and law enforcement community failed in this duty on September 11, and the Congress failed in this duty the week before Christmas We Read More ›

Telecosm

Telecosm

The computer age is over. After a cataclysmic global run of thirty years, it has given birth to the age of the telecosm — the world enabled and defined by new communications technology. Chips and software will continue to make great contributions to our lives, but the action is elsewhere. To seek the key to great wealth and to understand Read More ›

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The Theology of Welfare

While government is increasingly turning to faith-based charities in an effort to make America’s welfare system more effective, the religious community remains sharply divided over what kind of faith-based welfare programs are best and the extent to which government should even support faith-based initiatives. The Theology of Welfare explores the theological basis for competing visions of welfare in the religious community by Read More ›