Business

January 11, 2022

Dave Ramsey, Christian witness, and the morality of markets

The tweet heard ’round the world last week involved a clip of Dave Ramsey arguing that a Christian landlord can, ethically, raise rents to market levels even if it means that the renter has to move out. Continue Reading...

January 06, 2022

Elizabeth Holmes is the con artist we were all waiting for

Elizabeth Holmes has been found guilty on four of 11 federal charges of wire fraud and conspiracy, after promising revolutionary blood test technology from her corporation, Theranos. The promised disruption was something people desperately wanted and still want: cheap, quick blood tests, requiring only a finger drop of blood. Continue Reading...

December 28, 2021

Facebook is a symptom of a much deeper Big Tech problem

At this point, most have heard about Frances Haugen, the whistleblower who leaked documents to the Wall Street Journal this fall detailing how Facebook knew about many of the downsides of its platform, yet chose to prioritize engagement. Continue Reading...

December 23, 2021

The American family needs a Miracle on 34th Street now

My Christmas movies series has hitherto considered church (The Bishop’s Wife), work (The Shop Around the Corner), and family (Christmas in Connecticut), the communities that constitute America. Continue Reading...

December 15, 2021

Advent lifts the veil of judgment and mercy in the divine economy

One of the more disturbing aspects of the way the market economy works is the ability of, at least some, participants to avoid responsibility for their decisions and actions. The manner in which this works is through the concepts of corporate personality and limited liability. Continue Reading...

December 13, 2021

The social responsibility of business is still to its business

Most people have intuitions about moral issues of consequence, but we often find it difficult to put these intuitions into words. Something seems to us to be right or wrong, but we struggle to express our ideas accurately and to explain why our intuitions are reasonable and compelling. Continue Reading...

September 14, 2021

‘Win-win denial’: The roots of zero-sum thinking

One of the basic insights of economics is that trade is mutually beneficial, making both parties better off than they were before. It’s a proposition about human exchange that stretches back to Adam Smith’s foundational treatise, “The Wealth of Nations.” Continue Reading...

August 27, 2021

Is it immoral to charge interest?

Interest-bearing loans are commonplace in today’s economy, but are a subject of great contention in many of the world’s great intellectual and religious traditions. The Mosaic Law dictates: “If you lend money to any of my people who are needy among you, do not be like a moneylender to him; do not charge him interest” (Exodus 22:25). Continue Reading...

July 26, 2021

A biblical theology of work, Part 4: Enterprise and entrepreneurship

Why does business matter to God? Well, if business does not matter to God then we render a large part of human existence meaningless. The church, however, seems to be incapable in so many ways of understanding business resulting in words such as “profit” or “incentive” being seen as dirty. Continue Reading...

July 23, 2021

America suffers from economic nationalism

One of the biggest political upheavals in America over recent years has been a resurgence in economic nationalism. Given the amount of regulation with which it is burdened, America’s economy can hardly be described as laissez-faire. Continue Reading...

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