Crisis, Economics and the Compromise of Principle

An IPS Commentary By Mike Winther, President of the Institute for Principle Studies Crisis, Economics and the Compromise of Principle As I write this, the world is in the middle of the Covid-19 epidemic and Congress has just passed an economic relief bill with an advertised price tag of about 2.2 trillion dollars.  This is an amount roughly equal to … Read More

Negative Interest Rates and the Impoverishing of America

An IPS Commentary By Michael R. Winther, President of the Institute for Principle Studies Negative Interest Rates and the Impoverishing of America   If you have seen bank advertisements for CD rates, or if you have called your local bank or broker lately, you know that interest rates are abysmal. As I write this, Ally Bank is touting their 2-year … Read More

Negative Interest Rates

Negative Interest Rates If you have seen bank advertisements for CD rates, or if you have called your local bank or broker lately, you know that interest rates are abysmal. As I write this, Ally Bank is touting their 2-year certificate of deposit at a rate of 1.78%—I guess that is supposed to be a good deal these days. More … Read More

The Federal Reserve: An Economic and Ethical Disaster

An IPS Essay By Dr. Shawn Ritenour, Professor of Economics at Grove City College The Federal Reserve: An Economic and Ethical Disaster Increasingly whenever tragedy strikes, be it a natural disaster such as Hurricane Katrina or criminal wickedness such as mass murder, the American masses turn to the state to soothe their anxiety and solve their problems. They often do … Read More

Five Principles

An IPS Essay By Michael R. Winther, President of the Institute for Principle Studies Five Principles At this time in our nation’s history, it is increasingly difficult to write about a political or economic issue without invoking some reference to our faltering economy and the increasingly enormous government bailout expenditures. These economic circumstances represent an excellent opportunity for teaching the … Read More