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Robert P. George, J.D., D.Phil., McCormick Professor of Jurisprudence at Princeton University, is one of America's foremost scholars in the fields of constitutional law, ethics, and political philosophy.

Dr. George has won numerous awards for his academic and civic work, including the Presidential Citizens Medal. He has served on the President's Council on Bioethics and as a presidential appointee to the United States Commission on Civil Rights. He is a former Judicial Fellow at the Supreme Court of the United States, where he received the Justice Tom C. Clark Award.
Economics
Gold Standard: The Case for Another Look PDF Print E-mail
Written by Sean Fieler & Jeffrey Bell   
Friday, 07 May 2010 09:33

The rise of the tea party movement is a sign that voters may be prepared to consider unorthodox proposals.



Quick link to this article: http://tinyurl.com/thegoldstandard

Washington's elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama's domestic spending agenda with huge tax increases. They aim to create a value-added tax and will argue that there is no alternative even though doing so will leave the United States resembling the stagnant, bureaucratic nations of Western Europe.

But there is an alternative. The U.S. could return to a gold standard, a system that would not only prevent the government from running chronic budget deficits but would also curb attempts to manipulate the value of the dollar for political reasons.

Last Updated on Friday, 07 May 2010 10:32
 
Why Inflation Matters PDF Print E-mail
Written by Samuel Gregg   
Tuesday, 07 July 2009 12:14

Image by BusinessWeekThe 1970s were not a happy time for America: foreign policy reversals, seemingly-endless upheaval on university campuses, the 1973 oil shock, the humiliation of the Carter years, not to mention the disgrace and resignation of a sitting President. Economically, the 1970s were a lost decade as the American economy was wracked by a most unholy trinity: recession, high unemployment, and rising inflation.

Today the first two of these phenomena are making their presence more than amply felt. In June this year, for example, unemployment reached a 26 year high of 9.5%. More than one economist believes that it is only a matter of time before the third member of the 1970s trio – growing inflation – will be back to wreck havoc upon us.

Last Updated on Tuesday, 07 July 2009 12:44
 
The Case Against Government Bailouts PDF Print E-mail
Written by Michael Bauman   
Tuesday, 30 June 2009 13:47
           
            The government does not bail out anyone. Taxpayers do. The government just decides to which corporations they want to redistribute our money. Because I know better than does anyone else in the world what I want and need from the marketplace in exchange for my money; because I am the person most well-informed about my own needs, resources and values; and because I, therefore, can do the best job of investing my money effectively for my own highest good; I want to decide where my money goes.  I want every individual to decide where his or her money goes.  If it goes where each one thinks it does them the best service, the aggregate result will be better than if some government bureaucrat decided on everyone else's behalf where it ought to go.
Last Updated on Tuesday, 07 July 2009 12:37
 
Government Mortgage Relief: Economically Flawed and Morally Dubious PDF Print E-mail
Written by Samuel Gregg   
Friday, 06 March 2009 00:00
Home ownership has long been part of the American Dream, but current government plans to keep more people in their homes reflect the influence of failed economic policies from the past and may encourage more risky decision making in the future. These days, one could be forgiven for thinking there is a direct correlation between the public utterances of government leaders and declines in the value of stocks and investor confidence around the world. This may owe something to an unspoken awareness that the more-or-less Keynesian interventionist approaches being applied by most governments to the global economic crisis are unlikely to work. Indeed, there is considerable evidence to suggest that such policies actually tend to prolong recessions.
Last Updated on Tuesday, 07 July 2009 12:52
 


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