Does anyone care who John Galt is anymore?

If it had not been for the railroads, I would never have gotten beyond the first chapter of Atlas Shrugged. Having had a vague idea of what Ayn Rand believed in, I was pleasantly surprised to find that the story depended so heavily on the Iron Horse (given that most “libertarians” view trains as collectivist and bad and cars as admirable chariots of liberty). Continue Reading...

Religion in the public square strengthens public discourse

Religious expression in the public square is currently challenged by two competing concerns. On the left, some worry that religion is an anti-rational monolith, quietly subverting legitimate expressions of democracy. Others, on the right, worry that religious diversity destroys cultural cohesion, which they see as necessary to democracy. Continue Reading...

Why culture matters for the economy

This article first appeared on February 24, 2020, in Law & Liberty, a project of Liberty Fund, Inc., and was republished with permission.   In many peoples’ minds, economics and economists remain locked in a world of homo economicus—the ultimate pleasure-calculator who seeks only to maximize personal satisfaction from the consumption of goods and services and whose occasional displays of seemingly altruistic behavior really only function as a means of self-satisfaction. Continue Reading...

Three books to help you think like an economist

Everyone knows that there is a difference between knowing about something and knowing how to do something. The first is a superficial way of knowing, not a bad way to begin, but it is no substitute for the mastery which comes by integrating knowledge into experience. Continue Reading...