The Paradox of Prosperity
By MARK W. HENDRICKSON

Tribune Archives, Business, Finance, Governance, History, International, National, Pennsylvania, SocioEconomics 1 Comment

GROVE CITY, PA — September 24, 2020 —In Friedrich Hayek’s 1954 book Capitalism and the Historians, the late French philosopher and political economist Bertrand de Jouvenel noted a baffling historical trend: “Strangely enough, the fall from favor of the money-maker coincides with an increase in his social usefulness.” In surveying the history of capitalism from its inception in the late …

TribuneThe Paradox of Prosperity
By MARK W. HENDRICKSON

Jimmy Lai, The Billionaire Freedom Fighter
By Dr. MARK W. HENDRICKSON

eHezi Asia, Community, Culture, Governance, History, Law, People, Political Analysis, Politics Leave a Comment

GROVE CITY, PA — August 23, 2020. — Hong Kong police arrested billionaire publisher Jimmy Lai on August 10, releasing him two days later. His “crime” was to express opposition to the mainland Chinese Communist Party’s (CCP) aggression against Hong Kong – both in person and through the newspapers and magazines that he owns. According to the 1997 treaty returning …

eHeziJimmy Lai, The Billionaire Freedom Fighter
By Dr. MARK W. HENDRICKSON

Why Has Three Percent Economic Growth Been So Elusive?
By Dr. MARK W. HENDRICKSON

Tribune Community, Economic Development, Governance, History, National, Pennsylvania, People, Political Analysis, SocioEconomics 1 Comment

GROVE CITY, PA — June 29, 2020. — Here is an economic riddle that has been puzzling many people: Why has economic growth in the United States remained below three percent for so long? The growth of US gross domestic product (GDP) going all the way back to 1790 has averaged less than three percent in only three decades: the …

TribuneWhy Has Three Percent Economic Growth Been So Elusive?
By Dr. MARK W. HENDRICKSON

Minor Legislation With Massive Implications
By Dr. MARK W. HENDRICKSON

eHezi Finance, Governance, History, Law, National, People, Political Analysis, Politics 1 Comment

Government shutdowns in recent years have greatly inconvenienced innocent citizens and government employees. Recently, Senator Ron Johnson promoted the “Prevent Government Shutdown Act” which aims to prevent the disruptive actions of the past. But is this a common sense bill or is it an admission of defeat for fiscal conservatism? In this article, Dr. Mark Hendrickson looks at Johnson’s proposal …

eHeziMinor Legislation With Massive Implications
By Dr. MARK W. HENDRICKSON

Is the Federal Reserve Apolitical?
By Dr. MARK W. HENDRICKSON

eHezi Budget, Business, Finance, Governance, History, International, National, People, Political Analysis, Politics Leave a Comment

President Donald Trump has had (what else?) a publicly tempestuous relationship with the Federal Reserve System. Fed Chairman Jerome Powell has adhered to the Fed’s official traditional position of being apolitical. Typical of Powell’s statements is the unequivocal assertion, “Political considerations play no role whatsoever in our discussions or decisions about monetary policy.” Unfortunately for Chairman Powell, William Dudley, the previous …

eHeziIs the Federal Reserve Apolitical?
By Dr. MARK W. HENDRICKSON

Brexit: What Is At Stake?
By Dr. MARK W. HENDRICKSON

eHezi Europe, History, International, Law, People, Political Analysis, Politics Leave a Comment

I feel badly for the people of the United Kingdom. Brexit – the move to withdraw the UK from the European Union – has left the United Kingdom anything but united. Even families are being ripped apart. The most notable involves Prime Minister Boris Johnson’s own family. His brother Jo (a fine fellow whom I met several years ago) resigned …

eHeziBrexit: What Is At Stake?
By Dr. MARK W. HENDRICKSON

1967 and “The Summer of Love:” A Half-Century Later
By Dr. MARK W. HENDRICKSON

eHezi Arts & Entertainment, Borough of The Bronx, Ny, Community, Education, Health, History, People, Westchester County, NY Leave a Comment

For the baby-boomer generation (or at least the counterculture segment within it) the summer of 1967 became known as “The Summer of Love”. Actually, most of us boomers never experienced it. Certainly, 1967 wasn’t a blissful, carefree summer of love for the hundreds of thousands of Americans serving in Vietnam. It didn’t feel much like love in my hometown of …

eHezi1967 and “The Summer of Love:” A Half-Century Later
By Dr. MARK W. HENDRICKSON