Defending the Judeo-Christian Heritage, limited government, and the American Constitution
Saturday August 1st 2015

lincoln family bible study
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S.E.M., Vol. 1, No. 7
Federalist 69 - by Alexander Hamilton. 1. What are the chief characters in regards to the President as outlined in the proposed Constitution? 2. Why does Hamilton believe the term of office for a President should be longer than three years? 3. What was the term of office for the king of England and what, in your opinion, is the potential for abuse in such a term? Would the term of office of the king of England present any advantages - in the Founders experience and in your opinion - over over the new American system? Read all of the questions and post your response at our new resource Self-Educated Man

‘Mark W. Hendrickson’

Farewell to Cash?

Farewell to Cash?

BY MARK W. HENDRICKSON Talk about a possible “cashless society” has been around for years. The crucial question for our economic well-being is whether we evolve away from the use of cash voluntarily (which will happen if superior alternatives are developed—such as something along the lines of Bitcoin) or involuntarily, as the result of [...]

Is Obama To Blame For Weak Economic Growth?

Is Obama To Blame For Weak Economic Growth?

BY MARK W. HENDRICKSON A political science colleague sent me an article documenting President Obama’s dismal economic record, and he asked me for added details and perspective. Here goes: True, economic growth under Obama has been sluggish, fitful, faltering, historically weak, etc. However, if you look at the charts in the article (see [...]

The Magna Carta Turns 800

The Magna Carta Turns 800

BY DR. MARK W. HENDRICKSON, CENTER FOR VISION & VALUES It isn’t too often that we remember something that happened 800 years ago. There are very few dates or events from that period—the Middle Ages—that most people remember. But one event—perhaps the most significant in the English speaking world of this time—was the signing of [...]

Misdiagnosing Inequality And The Cause Of Middle-Class Woes

Misdiagnosing Inequality And The Cause Of Middle-Class Woes

Responding to Nobel Economist Joseph Stilitz's Yahoo.com Interview BY MARK W. HENDRICKSON In an interview posted on Yahoo.com (April 23), Nobel Prize-winning economist Joseph Stiglitz spoke about growing economic inequality and America’s shrinking middle class. Agreed, these are challenging and discouraging times for many, but as has happened [...]

TPP: A Threat to the Rule of Law

TPP: A Threat to the Rule of Law

MARK W. HENDRICKSON The Wall Street Journal editorial page seems to reserve an especially snide sarcasm for Republicans who wander off the path of economic growth. The latest recipient of this acidulous derision was Senator Jeff Sessions (R-AL). On Monday, an obviously miffed WSJ editorialist lambasted Sessions for a “critical alert” the [...]

Book Review: John Tamny’s ‘Popular Economics’

Book Review: John Tamny’s ‘Popular Economics’

MARK W. HENDRICKSON The multi-talented John Tamny—editor of RealClearMarkets, the Political Economy editor at Forbes, senior economic advisor to Toreador Research and Trading (among other hats that he wears)—has written a new, much-needed book. “Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James can Teach You About [...]

Unionism’s Fatal Flaws, Part Two: Double Standards

Unionism’s Fatal Flaws, Part Two: Double Standards

BY MARK W. HENDRICKSON Quite predictably, my article last week about Wisconsin adopting a right to work law elicited comments pro and con. I didn’t have time to read them all, but those I did read were an illustration of unions’ double standards. Members of unions need to realize that those double standards were a major factor contributing to [...]

Negative Interest Rates: A Brilliant Concept!

Negative Interest Rates: A Brilliant Concept!

MARK W. HENDRICKSON I have to admit that initially I was uninterested, even close-minded, about the negative yield being offered on a growing share of European sovereign debt. “It must be a short-term aberration,” I thought at first. “Completely nutso,” I sniffed dismissively as the phenomenon spread. “Who in their right mind would [...]

The FCC versus Internet Freedom

The FCC versus Internet Freedom

MARK W. HENDRICKSON Earlier this month, Federal Communications Commission Chairman Tom Wheeler announced that its five commissioners will conduct a vote on February 26 to decide whether to grant itself the authority to regulate the Internet under Title II of the Communications Act of 1934. It’s highly likely the FCC will give itself this [...]

Remembering the “Miracle on Ice”

Remembering the “Miracle on Ice”

MARK W. HENDRICKSON, CENTER FOR VISION AND VALUES February 22 marked the 35th anniversary of the upset victory by the U.S. hockey team over their heavily favored Soviet rivals in the 1980 Winter Olympics. Ever since known as the “Miracle on Ice,” Sports Illustrated named this game “the greatest sports moment of the 20th century.” I [...]

The EU’s Nightmare In The ‘Hotel California’

The EU’s Nightmare In The ‘Hotel California’

MARK W. HENDRICKSON When the Eagles came out with their mega-hit “Hotel California” almost 40 years ago, I’m sure they never dreamt that their words would capture the essence of the economic and political nightmare that the nations of the European Union (EU) would be suffering through in 2015. For decades, Eagles fans have debated what [...]

Assessing Thomas Piketty’s “Capital in the Twenty-First Century”

Assessing Thomas Piketty’s “Capital in the Twenty-First Century”

MARK W. HENDRICKSON, CENTER FOR VISION AND VALUES French economist Thomas Piketty’s Capital in the Twenty-First Century was the most talked about treatise on political economy in 2014, if not the 21st century. To those of us who understand and respect the superior productivity and fairness of free markets, the errors throughout Piketty’s [...]

The Fed: Painted Into A Corner

The Fed: Painted Into A Corner

BY MARK W. HENDRICKSON Speculation abounds as to when the Federal Reserve will begin to raise interest rates. Decades ago, this would have been called “the $64,000,000 question,” but today trillions rather than millions of dollars are at stake. With the warning that I have neither a crystal ball nor connections to anyone inside the Fed, [...]

Truth and Fiction at Christmastime

Truth and Fiction at Christmastime

MARK W. HENDRICKSON, CENTER FOR VISION & VALUES It strikes me that fiction plays a major role in our annual Christmastime celebrations. Our little children hear far more about Santa Claus, Rudolph the red-nosed reindeer, and other fictitious characters than about the Nativity. I don’t mean that as a judgment or complaint—I remember [...]

Saudi Arabia versus the Keystone Pipeline

Saudi Arabia versus the Keystone Pipeline

MARK W. HENDRICKSON, CENTER FOR VISION AND VALUES Wow, I had barely recommended repealing the laws that restrict U.S. oil exports as part of an overall ramping up of competition in global oil markets when news hit that the Saudis were cutting the price of oil shipped to the U.S. The price of oil has been zigzagging downward since then—much [...]

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