Author: Dr. Mark W. Hendrickson

The only doubt about the Federal Reserve’s decision to embark on a third round of quantitative easing was about when it would begin. It was a foregone conclusion that Chairman Ben Bernanke’s Fed would resort to more quantitative easing. Under …

According to a recent USA Today/Gallup poll, Americans under the age of 30 favor President Barack Obama over Mitt Romney by almost a two-to-one margin. This is a startling statistic. What explains the lopsided support for President Obama among younger …

In “Eco-Tyranny,” author Brian Sussman sounds a timely and important warning: The radical “greens” are not in retreat. With the defeat of cap-and-trade legislation in 2010 and the increasingly discredited alarmist theory of anthropogenic global warming, the greens may have …

What do Dr. Victor Frankenstein and the architects of the euro currency have in common? Answer: They both created monsters.

The euro is not “money” any more than the monster created by Dr. Frankenstein was a man. Whatever resemblances there may …

Theoretically, the elemental political choice in a democratic system is between more government or less—more government control over our lives and livelihood, or less; more government spending and programs than the year before, or less; more government power, or less.

By Dr. Mark W. Hendrickson

What interesting timing. I had recently planned a column on my observations about Mitt Romney at Cranbrook. Why? Not because of anything in the news related to Cranbrook—at least not yet—but because our careers there (mine …

The election of Socialist Party candidate Francois Hollande to the presidency of France epitomizes the sorry state of contemporary democracy. By that, I don’t mean to imply that the French people should have voted for the incumbent, Nicolas Sarkozy. Neither …

President Obama recently referred to free-market economics as “you’re-on-your-own economics.” It’s a catchy phrase—rhythmic, alliterative, clever. Too bad it’s bunk.

With Rick Santorum having dropped out of the race, Mitt Romney is apparently the Republican nominee for POTUS, barring a “black swan” event swooping down out of nowhere.

Realizing that his popularity may decline as the price of gasoline rises, President Obama is barnstorming the country, emphatically insisting that drilling for more oil isn’t the cure for high gas prices and that wind and solar energy represent our …

Reform in America’s public schools occurs with seemingly glacial slowness. In the private sector, businesses (including schools) that provide a lousy product quickly lose customers. They either correct their deficiencies or they eventually close. Similarly, if the problem is poor …

Those of you past a certain age may remember the old Art Linkletter show “Kids Say the Darndest [sic] Things.” The one I still remember was when Linkletter asked a little boy if he looked like his daddy. “No,” replied …

Three decades ago, Prime Minister Margaret Thatcher implemented a policy called “privatization” to rejuvenate the moribund economy of the United Kingdom.

Like the United States today, the cost of a too-large government was sapping the vitality of the U.K.’s economy. The …

Chances are, you’ve heard economics referred to as “the dismal science.” That unflattering description is glib and catchy; it is also 100 percent wrong. Let me set the record straight and explain why economics—far from being dismal—is cause for hope, …

On Tuesday evening, I had the honor of attending the State of the Union address as the guest of Congressman Mike Kelly (PA-03). Here are my impressions in abbreviated form: