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Bob Luddy
by and | Nov 8, 2019

American politics are nasty and often counterproductive because we have tried to solve too many problems politically, through government programs, rather than socially, through civil society. We have substituted bureaucracies for individual and community initiatives. Historically, America was built by…

by | Oct 2, 2019

The Federal Reserve Bank (the Fed) has a policy to create and sustain 2-percent inflation in America on an annual basis. J. P. Morgan would be chagrined to know that he helped create a central bank that promotes inflation. The…

by | Jun 4, 2019

Tariffs are a popular remedy to maintain a favorable balance of trade and create domestic jobs. Some believe tariffs will foster a renaissance of American manufacturing, but let’s consider the facts. America has six million unfilled jobs, with almost every…

by | Mar 29, 2019

The following article is based on my recent lecture at the Mises Institute in Auburn, Alabama, entitled: “Henry Hazlitt’s Long-Term Economic Thinking: Foundation of Entrepreneurial Excellence.” Here I will explore morality as Hazlitt’s foundational theme in economics. Henry Hazlitt is…

by | Mar 22, 2019

President Trump’s recent budget proposal calls for reforms to the federal student loan program, so that colleges that “accept taxpayer funds have skin in the game through a student loan risk-sharing program.” Certainly, a change in the student loan program…

by | Jan 14, 2019

The most important issue facing America today is the national debt and increasing federal deficits. Our national debt now exceeds yearly gross domestic product (GDP). The U.S is the wealthiest country in the world, but our government has the largest…

by | Nov 14, 2018

The next time an ambitious politician suggests an intervention by the Federal Government to solve an important issue of the day, we must remember Caveat emptor — let the buyer beware. Let us consider the adverse impact of federal funding and…

by | Sep 30, 2018

We are living through one of the great crises of the modern Church. Since the turn of the century the crisis has only worsened. It must be addressed now. Catholic Laity are struggling to reform and resolve the sex scandal,…

by | Sep 18, 2018

Today we present our third installment of letters from mothers living in the diocese of Raleigh, North Carolina. (For part one, click here; part two, here.) These faithful Catholics have drawn the line and expect real leadership from their bishop,…

by | Sep 17, 2018

Yesterday we ran the first of these letters. Today we include two more, from mothers in the Raleigh, N.C. diocese to which I belong as well. These women further reflect the important voice the laity is giving to Catholic reactions…

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