Category: Economics

  • By Selwyn Duke The director of  economic policy studies at the Hudson Institute, Irwin Stelzer, has penned a very interesting article called "It’s a myth that the world’s oil is running out."  As the title indicates, Stelzer puts forth the thesis that the Earth contains enough accessible oil to last for generations.  Moreover, he says…

  • By Selwyn Duke Writer Marilyn Barnewall has written a piece about the sub-prime mortgage crisis titled "Dollar Woes: Part of a One World Government Conspiracy?"  Marilyn is a fine lady who I occasionally correspond with, and she also used to work in the banking industry.   Thus, she can offer a rarely-heard perspective on the situation…

  • By Selwyn Duke A long time ago I wrote about the left’s very successful manipulation of language.  I think about this when I hear about socialized medicine schemes and "free health care."

  • The great economist Thomas Sowell just wrote an article about the perils of government intervention and stimulus packages.  He writes: Both political parties seem determined that the federal government should create a "stimulus package" of things designed to cushion a downturn in the economy. That alone should be enough to make us remember that "the…

  • By Selwyn Duke I will occasionally respond to reader emails at this site, but today is a first.   I’m going to respond to a poster, Ray Hicks.  Mr. Hicks has complained about my commentary on the free market, and he believes he has caught me in a contradiction.  Below are his two posts on the…

  • By Selwyn Duke I certainly believe in a free market; that is, within the United States.  So a free trader I’m not.  I don’t think we need junk from China, or, at least, we wouldn’t if the internationalists hadn’t decimated our manufacturing base.