U.S. households are projected to save an estimated average $550 on gasoline in 2015. According to U.S. Energy Information Administration’s Short Term Energy Outlook, “The average household will spend about $1,962 on gasoline in 2015, the first time that average will have fallen below $2,000 in five years.” Readers as well may assume the likelihood that falling fuel prices will exert some type of downward pressure on food and modity prices, which will be cheaper to bring to market. By...

We all know it’s easy to get unhinged this time of year. It can be the overload of “How am I ever going to get everything for everybody on my list between now and Christmas and still sleep?” to “Which side of the family are we going to anger this year, since we can’t be everywhere at once?” to “You need HOW MANY cookies for the school party tomorrow?” Christmas – the day Christians celebrate ing of the God-Made-Man, Emmanuel...

Over at the Calvinist International I’ve posted the text of a Christmas meditation from Abraham Kuyper, made possible by the work of Jim DeJong and the Dutch Reformed Translation Society. It’s a rich devotional reflection inspired by the text of Luke 2:8, “And there were shepherds in the fields nearby keeping watch over their flock at night.” Using the pastoral trope, Kuyper enjoins his readers to: Think only about your own situation. Think about your shepherding. Think about the flock...

Topping the list of hot trends in 2014 were “Victimism” (i.e., posturing as a victim for political advantage and media attention) and “Annoy-Thy-Neighbor” activism. There were many groups bined both to great effect, so it would be difficult to choose the best representative case. But the lamest example of the year is much easier to find: it’s by Jex Blackmore and the Michigan Satanists. Unfortunately, that’s not the name of a band trying to hard to be clever. Blackmore is...

The eyes of many in the world have turned to Cuba over the last day or so. A great deal has been made of the historic changes in the relationship between the US and Cuba and whether such changes fundamentally alter the situation of the political leaders and the elites in the island nation. More interesting to me, however, are the personal stories of suffering and loss during the years of the Castro regime and the hope that dawns, however...

In this mentary I argue that “Do They Even Know It’s Christmas?” is the worst Christmas song of all time. Kanye agrees. ...

CLP Academic has now released On Exchange, a new translation of a key section in Martín de Azpilcueta’s Manual de confesores y penitents, his most influential work. Originally published in 1549, the section was included as one of four appendices to the Manual, mentary on Gregory IX’s prohibition of nautical usury. The release is part of the growing series, Sources in Early Modern Economics, Ethics, and Law. Azpilcueta (1492-1586), also known as Doctor Navarrus, was a leading canonist and moral...

What just happened with Cuba? Yesterday, President Obama announced that, “the United States of America is changing its relationship with the people of Cuba.” He instructed Secretary Kerry to immediately begin discussions with Cuba to reestablish diplomatic relations that have been severed since 1961. High-ranking officials will visit Cuba and the U.S. will reestablish an embassy in Havana. He also instructed Secretary Kerry to review Cuba’s designation as a State Sponsor of Terrorism. The President also says the U.S. will...

This is a sentence I never could have predicted I’ve ever write: George Clooney has offered a wiser assessment of a political problem than many of my fellow conservatives. A group of cyber-terrorist behind a recent high-profile hacking incident of Sony Pictures have threatened a 9/11 type attack on movie theaters that screen the ing film, ‘The Interview.’ In response, many of the country’s largest movie chains (AMC, Regal, Cinemark, and Cineplex) issued a statement saying the film would not...

Earlier this year I declared that Bitcoin was (nearly) dead. But as The Princess Bride’s Miracle Max once explained, “There’s a big difference between mostly dead and all dead. Mostly dead is slightly alive. With all dead, well, with all dead there’s usually only one thing you can do.” Right now, Bitcoin is only mostly dead. As an investment, it was the worst of 2014. As a currency, it was destroyed by the IRS by a single sentence (“For federal...