Joe Carter

Joe Carter is a senior writer for The Gospel Coalition, author of The Life and Faith Field Guide for Parents, the editor of the NIV Lifehacks Bible, and coauthor of How to Argue Like Jesus: Learning Persuasion from History’s Greatest Communicator. He also serves as an associate pastor at McLean Bible Church in Arlington, Va.

Posts by Joe Carter

The moral hazard of fuzzy contracts

“You may already be aware that many state and local public pensions are in trouble,” says Victor V. Claar in this week’s Acton Commentary. “By one estimate, the nation’s state, county, and municipal governments face a combined funding shortfall of about $5 trillion. Continue Reading...

Maximizing profit and the average cost curve

Note: This is post #43 in a weekly video series on basic microeconomics. For companies, being able to predict expected profits—or expected losses—is a very useful tool. In this video by Marginal Revolution University, Alex Tabarrok introduces the third concept you need to maximize profit — average cost. Continue Reading...

Finding ‘the lost tools of learning’

“If you were to read Dorothy Sayers’ The Lost Tools of Learning and thereafter read the curriculum of Veritas Classical Academy,” says Elizabeth Yeh in this week’s Acton Commentary, “you would find that the “lost tools” have been found in the small town of Marietta, Ohio.” Continue Reading...

Maximizing profit under competition

Note: This is post #42 in a weekly video series on basic microeconomics. In a competitive market, a company can’t control how much they charge for goods and services. So how do firms maximize profits when they don’t control prices? Continue Reading...

How did money-lending stop being a sin?

“Moneylending has been taboo for most of human history,” notes Alex Mayyasi. “So how did usury stop being a sin and become respectable finance?” Today, a banker listening to a theologian seems like a curiosity, a category error. Continue Reading...