Mark W. Hendrickson

Economic Ramifications of Russia’s Invasion of Ukraine

BY MARK W. HENDRICKSON Editor's note: Originally published by the Institute for Faith and Freedom on March 10, 2022 As the world recoils in dismay and...

Inflation: Who or What is the Culprit?

BY MARK W. HENDRICKSON Inflation – defined herein as a widespread increase in the prices of widely purchased consumer goods – has gotten worse since I...

Paternalistic Government: Killing US With Kindness?

BY MARK W. HENDRICKSON We all have probably imagined a life of ease at some time in our lives. The dream or notion of arriving...

The Biden Administration’s ongoing ill-timed battle against fossil fuels

BY MARK W. HENDRICKSON A few months ago, I wrote about President Biden’s anti-fossil fuel policies. Among other steps designed to restrict domestic production of...

The Virtue of Self-Restraint in Expression

BY MARK W. HENDRICKSON Two or three generations ago, a common parental admonishment was, “Hold your tongue!” There’s a lot to be said for controlling...

Private Property: The Indispensable Key to Political Freedom, Social Cooperation, and Economic Progress

BY MARK W. HENDRICKSON Imagine a society with no property rights: No law or officer of the law would prohibit you or punish you for...

Current Tax Proposals: Critiquing Two Promises

BY MARK W. HENDRICKSON I have written about “Washington’s Bi-Partisan Fiscal Folly” for years, caused by chronic over-spending. Regardless of which party holds the upper hand...

Democracy: America’s Great Hope or Communism’s Trojan Horse?

BY MARK W. HENDRICKSON Generations of Americans have grown up hearing that America always has championed democracy and opposed illiberal ideologies such as fascism, socialism, and communism. But if...

Biden Resumes Obama’s Efforts Against Domestic Oil Production

BY MARK W. HENDRICKSON In watching President Joe Biden’s initiatives to curb Americans’ access to oil and natural gas, I thought of the late Yogi...

Biden economic team predicts long-term slow growth

BY MARK W. HENDRICKSON What is noteworthy about the depressing title to this article is its source. In a case of uncommon candor, President Biden’s economic...

The Worst-Kept Economic Secret in America: Inflation is Back

BY MARK W. HENDRICKSON To most people, “inflation” signifies widespread rising prices. Economists have long argued, as a matter of technical accuracy, that “inflation” denotes...

The Problem With Hedge Funds

BY MARK W. HENDRICKSON Hedge funds are in the news again. (I wrote about the Melvin Capital hedge fund blow-up a couple of months ago.) A firm...

Wall Street Outsiders Versus Hedge Funds

BY MARK W. HENDRICKSON The investment world was convulsed last week when at least one hedge fund (Melvin Capital) lost billions of dollars. The sudden,...

The Fall of Mighty Exxon

BY MARK W. HENDRICKSON A noteworthy milestone in U.S. corporate history happened on Aug. 31: ExxonMobil Corp. was dropped from the Dow Jones Industrial Average (“the Dow”),...

Why Fracking is a Big Issue

MARK W. HENDRICKSON, INSTITUTE FOR FAITH & FREEDOM In my previous column, I described the “paradox of prosperity”—the strange tendency of many people who...

More Mischief About Income Inequality

BY MARK W. HENDRICKSON In September, the renowned RAND Corporation released a meticulously detailed, scrupulously objective study about income inequality in the United States: “Trends in Income...

The Paradox of Prosperity

BY MARK W. HENDRICKSON In Friedrich Hayek’s 1954 book Capitalism and the Historians, the late French philosopher and political economist Bertrand de Jouvenel noted a baffling...

On the Utility, Fairness of Standardized Tests for College Admissions

BY MARK W. HENDRICKSON The long-established use of standardized tests (the SAT and ACT) as a major criterion for gaining admission to college is increasingly being questioned...

Do People Really Distrust Capitalism?

BY MARK W. HENDRICKSON During the past few years, there have been multiple reports of surveys and polls indicating that people are down on capitalism and may...

AOC’s Anti-Billionaire Animus Is a Threat to Us All

BY MARK W. HENDRICKSON Last , in a Martin Luther King Day public interview, writer Ta-Nehisi Coates asked democratic socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.) why he was...