New E-Zone Unemployment Rates Should Raise American Alarm

Record unemployment rates in Europe have been published and they should alarm Americans. Why? Because we are headed in the same direction. Nile Gardiner, of The Telegraph, is quite sure of this: The United States isn’t just gliding towards a continental European-style future of vast welfare systems, economic decline, and massive debts – it is accelerating towards it at full speed. Continue Reading...

The Fiscal Cliff Deal and Intergenerational Justice

So … what happened? With regular coverage of the US “Fiscal Cliff” running up to the new year, PowerBlog readers may be wondering where the discussion has gone. While I am by no means the most qualified to comment on the matter, I thought a basic summary and critique would be in order: With six minutes to read this 157 page bill, the US House of Representatives passed it. Continue Reading...

Ten States Further Crippling Workers in 2013

The Pew Center on the States is reporting that ten states voted to raise the minimum wage for workers in 2013. Teens and low-skilled workers should be protesting in response. According to the report, Nine states will adjust the wages to accommodate the rising costs of living, as required by state laws, while Rhode Island will implement a law signed by the governor in June that raises its minimum wage to $7.75 per hour. Continue Reading...

The ‘Ghost of Fiscal Future’

Matt Mitchell at Neighborhood Effects offers an interesting perspective regarding the fiscal cliff. As we hurriedly approach the edge, Mitchell’s insights ought not to be ignored, whatever the outcome of today’s last minute meeting at the White House. Continue Reading...

On the Importance of Definitions

I recently asked the question at Ethika Politika, “Which Capitalism?” (also the title of my article), and I followed it up with a related question here regarding the relationship between distributism and capitalism (is the former a form of the latter?). Continue Reading...

‘Markets Don’t Make Capitalism’

Earlier this week Dylan Pahman reflected on the question, “Which capitalism?” He helpfully explores the nature of capitalism and the importance of definitions. This conversation reminded me of a point made by Michael Novak during his conversation with Rev. Continue Reading...

Asceticism and the Free Society

This past Friday, I had the opportunity to present a paper at the Sophia Institute annual conference at Union Theological Seminary. This year’s topic was “Marriage, Family, and Love in the Eastern Orthodox Tradition.” Continue Reading...