Religion & Liberty Online Archives

Economics

January 03, 2014

Strong Marriages Make Strong Economies

The decline of marriage and fertility is one factor in the global economic crisis, says sociologist W. Bradford Wilcox: The long-term fortunes of the modern economy depend in part on the strength and sustainability of the family, both in relation to fertility trends and to marriage trends. Continue Reading...
January 02, 2014

Rev. Sirico: Pope Francis, without the politics

Writing in The Detroit News, Rev. Robert A. Sirico looks at Pope Francis’ recent Apostolic Exhortation, the “much talked about, but little-read” document titled “The Joy of the Gospel” with a special emphasis on how the pontiff understands the problem of poverty. Continue Reading...
December 20, 2013

O Tannenbaum and Fair Trade

A couple of further points in reply to Micah Mattix’s response on buying Christmas trees, based on his original post here. 1) I think Mattix’s characterization of the buyer as “selfish” goes a bit too far, and is not an accurate characterization of a good deal of market activity. Continue Reading...
December 20, 2013

A Living Wage for a Living Tree?

Over at the American Conservative, Micah Mattix reflects on the Christmas tree market, which in his neck of the woods is “notoriously unstable.” In Ashe County, North Carolina, says Mattix, a dilemma faces the small tree farmer: “It is not sell or starve, but it is sell or go without a new septic tank, a repaired roof, a mended this or that.” Continue Reading...
December 18, 2013

Reduce Inequality By Redistributing Innovation

Inequality in consumption used to be a matter of acreage. Throughout most of history, economic value was chiefly found in land or personal property. The divide between the rich and the poor was therefore between those who owned property and those who did not. Continue Reading...
December 17, 2013

Donors vs. Owners in ‘Business as Mission’ (and Beyond)

“Do economic incentives help or hinder ‘business as mission’ (BAM) practitioners?” In a forthcoming study, Dr. Steven Rundle of Biola University explores the question through empirical research. Unsatisfied with the evidence thus far, consisting mostly of case studies and anecdotes, Rundle conducted an anonymous survey of 119 “business as mission” practitioners, focusing on a variety of factors, including (1) “the source of their salary (does it come from the revenues of the business or from donors?),” Continue Reading...
December 17, 2013

Was Having Kids Ever a Paying Venture?

As any parent can attest, kids are expensive. They take up space (increasing the cost of housing), eat everything in your kitchen (increasing the grocery bill), never remember to turn off lights (increasing the cost of utilities), and find dozens of other ways to drain your banking account. Continue Reading...
December 13, 2013

Audio: Sirico Joins Arthur C. Brooks on the Hugh Hewitt Show

Acton’s busy week of media appearances continued last night with Acton President Rev. Robert A. Sirico joining guest host Arthur C. Brooks – president of the American Enterprise Institute – on The Hugh Hewitt Show to discuss Pope Francis, Evangelii Gaudium, and the compatibility of Catholic social teaching with free market capitalism. Continue Reading...
December 13, 2013

Obamacare: ‘Eat The Young’

On some snowy winter afternoon, bored with everything in the house, you probably tried to build a house of cards. From this experience, you know you have to build a large base, and work your way up to a smaller and smaller peak. Continue Reading...