Shawn Ritenour

Shawn Ritenour

Dr. Shawn Ritenour is a professor of economics at Grove City College, contributor to The Center for Vision & Values, and author of "Foundations of Economics: A Christian View."

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The path to prosperity or bankruptcy? Staggering facts on America’s rising debt

September 26, 2013 | by | Topic: American History & Presidents, Military & Foreign Policy

Once again there is panic running through the halls of Congress, the Oval Office and in the chattering classes that make up mainstream media over the prospect of shutting down the federal government. Most of the panic is a result … More>

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Get Government Out of the Student-Debt Business

May 16, 2013 | by | Topic: Economics & Political Systems, Education & Schools

As millions of students and their parents are preparing for life after commencement, they’re also preparing to deal with massive student loans. Increasingly, people are concerned about the student debt situation brewing on college campuses. The present state of student … More>

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Two Percent Economic Growth: Real or Apparent?

November 1, 2012 | by | Topic: American History & Presidents, Economics & Political Systems, Media & Culture

Editor’s note: A version of this article first appeared at Forbes.com.

The U.S. Bureau of Economic Analysis (BEA) has just announced that GDP grew at a rate of 2 percent during the last three months. Keynesians like Paul Krugman should … More>

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Who Spends Wisest?

September 28, 2012 | by | Topic: American History & Presidents, Economics & Political Systems

Editor’s note: A version of this article first appeared at Forbes.com.

The financial and economic meltdown of 2008 was preceded by large increases in government spending and monetary inflation that artificially lowered interest rates. Those interventionist policies fueled massive capital … More>

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The Tale of the Hitchhiker’s Recovery

August 17, 2012 | by | Topic: American History & Presidents, Economics & Political Systems

Editor’s note: A version of this article first appeared at Forbes.com.

In light of claims that we’ve been in an economic recovery since late 2009, news such as the unemployment rate bumping up to 8.3 percent is disconcerting. Our so-called … More>

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What’s In a Recovery?

August 8, 2012 | by | Topic: American History & Presidents, Economics & Political Systems, Media & Culture

Editor’s note: A version of this article first appeared at Forbes.com.

Thomson Reuters’ latest survey of Wall Street analysts’ expectations about next quarter’s corporate earnings has prompted some to wonder whether the canary in the coal mine is beginning to … More>

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A Global Central Bank? Justice Is Not Served by Government Economic Planning

October 26, 2011 | by | Topic: Economics & Political Systems

Do we need a supranational authority to enforce social justice? The Vatican’s Pontifical Council for Justice and Peace (PJCP) seems to think so. Its new document, “Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public … More>

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What Would Jesus Cut?

May 6, 2011 | by | Topic: Economics & Political Systems, Faith & Society

That is the question asked by the left-leaning Christian organization, Sojourners, in its campaign of the same name. It is a most appropriate question given the battle over the budget and given this time of year, not long after the … More>

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Playing the Ostrich on Price Inflation

April 26, 2011 | by | Topic: Economics & Political Systems

By the time you read this, there’s a good chance that Federal Reserve Chairman Ben Bernanke will have held the Fed’s first press conference following a meeting of the Federal Open Market Committee—the Fed committee that controls monetary policy. Leading … More>

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Money Can’t Buy You Economic Prosperity

April 11, 2011 | by | Topic: Economics & Political Systems

Defenders of the Federal Reserve have been out in force recently declaring the triumph of Money Printing 2, James Grant’s suggested more truthful term for “quantitative easing.” Some pundits point to an 18-percent increase in the S&P 500 since last … More>

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The Lessons of Japan

December 6, 2010 | by | Topic: Economics & Political Systems

Since Fed chairman Ben Bernanke announced his plan for the Federal Reserve to inflate (I’m sorry, “quantitatively ease”) commercial bank reserves by $600 billion, he has come under surprising, but understandable, criticism. So much so that he has felt compelled … More>

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V&V PAPER — Voluntary Exchanges and the Free Market

October 4, 2010 | by | Topic: Economics & Political Systems, White Papers

Editor’s Note: “On the broadest level, Dr. Ritenour and I are both interested in the relationship between social conditions and human action. We are both advocates of free markets, believing that they contribute more to human thriving than other arrangements. More>

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Where Have You Gone, Ludwig von Mises? Considering Mises: “The Last Knight of Liberalism”

September 13, 2010 | by | Topic: Biography, Economics & Political Systems

Washington’s stunning economic power grabs—healthcare centralization, Keynesian fiscal stimulus, and Federal Reserve bailouts—are creating an unintended consequence: an increasing demand for freedom literature. Exhibit A would have to be F.A. Hayek’s 66-year-old Road to Serfdom’s recently hitting number one for … More>

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Government Stimulus: Out of Sight, Out of Mind

July 28, 2010 | by | Topic: Economics & Political Systems

The President’s Council of Economic Advisers (CEA) has released its most recent quarterly report on the effects of President Obama’s stimulus plan. Not surprisingly, the CEA praises this monumental Keynesian scheme, crediting the stimulus for saving or creating 3.6 million … More>

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V&V Q&A: God, Socialism, and the Free Market

March 17, 2010 | by | Topic: Economics & Political Systems, Vision & Values Concise E-publications

Editor’s Note: The “V&V Q&A” is an e-publication from The Center for Vision & Values at Grove City College. This latest edition of “V&V Q&A” is an intriguing look at the biblical basis for the free-market economy, dispelling the More>

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Ludwig von Mises: Economist for the Ages

October 7, 2009 | by | Topic: Biography, Economics & Political Systems

It seems that when an economy goes bad, the temptation for intellectuals to go and do likewise is too much for them to resist. Public thinkers across the spectrum, from Paul Krugman to Richard Posner, are now calling for a … More>

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The Minimum Wage: Keeping Prosperity Around the Corner

July 28, 2009 | by | Topic: Economics & Political Systems

The last thing we need in the midst of our current recession is what happened last Friday: the third increase in the minimum wage in only two years.

Contemporary labor markets throughout the country are not a pretty picture. Last … More>

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Stop the Bailout!

September 30, 2008 | by | Topic: Economics & Political Systems

When facing a major financial problem, it is not uncommon to face the temptation to do something foolish at best or something evil at worst. Our elected officials and un-elected monetary and financial authorities are on the brink of doing … More>

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Are Happy Days Here Again?

September 19, 2007 | by | Topic: Economics & Political Systems

Ben Bernanke, chairman of the Federal Reserve, is a better historian of economic thought than monetary theorist. In reference to the current financial turmoil he is quoted as saying that classic central-banking theory instructs us that the Fed should accommodate … More>

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VISION & VALUES CONCISE: Give Lower-Skilled Workers a Chance

July 30, 2004 | by | Topic: Economics & Political Systems, Vision & Values Concise E-publications

Election years are the times that try economists’ souls. Practically everyone with his hat in the ring will promise us this and promise us that and promise us everything under the sun, more often than not implying that, by the … More>

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The Trouble with Arts Impact Studies

July 8, 2003 | by | Topic: Media & Culture

Sousa’s “Stars and Stripes Forever” is as commonplace to the Fourth of July as is hearing news about a symphony orchestra that is on the brink of bankruptcy or another museum having to cut its staff.

To rally support for … More>

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