Author: Dr. Mark W. Hendrickson

Profile: — Dr. Mark W. Hendrickson is an adjunct faculty member, economist, and fellow for economic and social policy with The Center for Vision & Values at Grove City College.


September 16, 2011

President Obama’s Latest “Jobs” Gambit

If you watched President Obama’s speech to a joint session of Congress, you didn’t see anything new. He did what he does best—campaign for re-election and pay lip service to private enterprise and fiscal responsibility while proposing more top-down economic …

August 22, 2011

Gold’s Meteoric Rise

The price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives?
Well, if you bought gold last spring, …

August 17, 2011

Big Deal or No Big Deal?

Filed under: American Economy,Economics,In The News - 17 Aug 2011

As the August 2 deadline for a debt-ceiling deal drew near, many expected a big deal that would significantly change the direction of federal fiscal policy. After weeks of tumultuous negotiations, partisan bickering, and impassioned histrionics, the agreement that finally …

August 8, 2011

Bernanke and the Potemkin Economy

On July 11, The Center for Vision & Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day, Bernanke made me question my forbearance by telling Congress that …

August 1, 2011

Going to the Brink: The Aug. 2 Debt Ceiling Deadline

Some have called August 2 “Financial D-Day.” That is the date, according to Treasury Secretary Geithner, by which either Congress raises the debt ceiling or some government disbursements will cease.

July 22, 2011

Solutions for the ‘Tax Gap’

In 2010, there was a “tax gap”—i.e., the difference between federal taxes owed and those actually paid—of $410–$500 billion.

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