Economics

The campaign against Chick-fil-A may be a more ominous attack on religious freedom than the Affordable Care Act’s mandates. ObamaCare would force millions of Americans to fund actions they find morally reprehensible but leaves them free to denounce it. The chicken inquisition, by contrast, directly targets religious speech itself. Chick-fil-A President Dan Cathy recently dared to describe his views on Read More ›

In the twentieth century battle between communism and capitalism, capitalism won. Except for preachers of the misguided “prosperity gospel,” however, many of us still worry about capitalism. Some of the problems result from the word itself, which can conjure up images of greedy and cackling moneychangers. Some of our qualms stem from our everyday experience of greedy bosses and the Read More ›

This article, published by Human Events, quotes from President Ronald Reagan when he mentions Discovery Institute Senior Fellow George Gilder. The rest of the article can be found here.  

This article, published by the Berkshire Eagle, quotes Discovery Institute Senior Fellow George Gilder: Capitalism is not about greed. “The moral core of capitalism,” said Gilder “is the essential altruism of enterprise.” Entrepreneurs are motivated to create value for others. Only then do they receive value in exchange-but the sacrifice comes first, before any return can possibly be realized. Furthermore, Read More ›

This article, published by the American Spectator, quotes Discovery Institute Senior Fellow George Gilder: Neither Kemp nor Gilder, of course, could foresee the election of Reagan and what was to come. But without doubt both men knew their country well, and Gilder’s words as cited back in 1979 are worth recalling this Fourth of July in 2012 in the Age Read More ›

Many books have been written on conservative politics. Many more have been written calling Christians to holiness and spiritual revival. Few, however, have managed to combine a clear explanation of the conservative political perspective with its corresponding personal and spiritual virtue. In INDIVISIBLE, James Robison, the founder and president of LIFE Outreach International, partners with Jay Richards, Ph.D., a writer Read More ›

Your editorial “Obama’s Debt Boom” (June 6) states that it will be around 2025 when Social Security, health-care entitlements and interest on the national debt would absorb the entire tax-revenue base—leaving the building of roads, basic research and the defense budget to be deficit financed. You also point out that between 2022 and 2025 the federal debt requiring interest service Read More ›

The chief purpose of the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed 2010, was to avert the next financial crisis. So why does the new regulatory agency created by the act — the Consumer Financial Protection Bureau (CFPB) — enjoy sweeping authority over so many consumer credit and other financial products and services that played no significant role Read More ›

The US dollar is getting perilously close to losing its status as the world’s reserve currency. Should it cross the line, the 2008 financial crisis could look like a summer storm. Yes, worries about insolvency in Europe dominate the headlines. Last week, Standard & Poor’s cut Spain’s bond rating to BBB+ — a clear sign that Europe’s financial crisis is Read More ›

The libertarian commitment to free markets and limited government is best preserved within a broader conservative context.The libertarian commitment to free markets and limited government is best preserved within a broader conservative context.

European debt problems have kept financial markets on edge during much of the last two years, but it is the debt problem in the United States that is far more likely to precipitate a global crisis. Recently, Lawrence Goodman, a former crisis-prevention analyst at the U.S. Treasury, sounded the alarm that investors balked at low coupon rates last year, forcing Read More ›

European debt problems have received a lot of media attention, but it is the debt problem in the U.S. that is far more likely to precipitate a global crisis. Former U.S. Treasury official Lawrence Goodman sounded the alarm recently when he noted that investors are shunning low-yielding U.S. Treasuries, forcing the Fed to buy “a stunning … 61% of the Read More ›