Many economists see an international return to a gold-backed currency as a solution to many countries’ financial woes. With a true gold standard, the decline of money’s purchasing power would slow, the government would have less control of our currency, and, ideally, central banks would be abolished, putting to bed the Keynesian pipe dream of...
The death penalty, often viewed as an effective and cost-efficient way to deter and punish crime, is actually neither. Placing someone on death row takes longer and costs more than sentencing him to life imprisonment, according to statistics from the Death Penalty Information Center. Life imprisonment is therefore a more resourceful way to deal with...
In the April 20th edition of the Collegian, Anders Hagstrom writes that Christians should cite facts, not scripture, to justify political policies. This is false. Hagstrom argues that citing scripture is illegitimate because it constitutes a fallacious appeal to authority: “Basic logic says that appealing to authority is a fallacy,” he writes. This is incorrect....
The summer before my freshman year at Hillsdale I felt like I was going nowhere. I couldn’t wrap my mind around why things hadn’t panned out with the girl I liked in high school, I worked three part-time jobs, and I was training for my first collegiate Cross Country season. I was constantly tired, irritable,...
Last week, CNN reported that President Donald Trump wants to investigate effects of import subsidization and dumping on the U.S. trade deficit — and is considering an increase in tariffs, if a negative effect is found. Trump expresses no qualms about tariffs; during his campaign, he proposed a 45 percent tariff on China and a...