Economics

January 31, 2019

Redemptive entrepreneurship: In a globalized economy, who is our neighbor?

In our globalized and interconnected world, we inhabit vast networks of creative exchange with widely dispersed neighbors. This leads to real and thriving communities far and wide—a great and mysterious collaboration. Continue Reading...

January 25, 2019

Trust in employers and CEOs is soaring, but can they really ‘save the world’?

Our cultural environment has become increasingly defined by social isolation and public distrust, aggravated by a number of factors and features, from declines in church and community participation to concentrations of political power to the rise of online conformity mobs to the corresponding hog-piling among the media and various leaders. Continue Reading...

January 23, 2019

Venezuelans march for freedom

In 1982, Venezuela was the richest major economy in Latin America. Now, it’s the most dangerous country in the world, behind Afghanistan and war torn South Sudan. This is socialism. Continue Reading...

January 23, 2019

Is your child wealthier than half the world’s population?

CNN: “The top 26 billionaires own $1.4 trillion — as much as 3.8 billion other people” Time magazine: “The World’s Top 26 Billionaires Now Own as Much as the Poorest 3.8 Billion, Says Oxfam” The Guardian: “World’s 26 richest people own as much as poorest 50%, says Oxfam” You’ve probably seen these headlines—or ones like them—in articles about economic inequality. Continue Reading...

January 22, 2019

Signals for service: Lessons from the invention of the price tag

As we continue to confront a range of top-down efforts to manage and manipulate prices, whether through tariffs, subsidies, or government-directed wage controls, much of the surrounding debate tends to focus on arbitrary notions about “just prices” and “the balance of economic power.” Continue Reading...

January 17, 2019

Populism vs. capitalism: The myth of the market as a ‘tool’

Tucker Carlson’s recent rant on the corrosive grip of cultural elites and pro-market conservatism has led to a bounty of intra-movement debate and introspection, ranging from loud “amens!” to loud “nay, nevers!” Continue Reading...

January 14, 2019

Toward ‘humanomics’: Deirdre McCloskey on honoring the world of human creation

In her transformative Bourgeois Era trilogy, economist Deirdre McCloskey challenged our popular theories about the causes of our newfound economic prosperity, arguing that it sprung not from new systems, tools, or materials, but rather the ideas, virtues, and rhetoric behind them. Continue Reading...

January 10, 2019

How economics is like Christianity

Christianity is a very other-directed religion. It requires those of us who are Christians to love our neighbors as we love ourselves (Mark 12:31). We are even required to love our enemies and appeal to God on behalf of those who persecute us (Matthew 5:44). Continue Reading...

January 10, 2019

Study: Is population growth essential to economic flourishing?

The doom delusions of central planners and population “experts” are well documented and thoroughly exposed, from the faulty predictions of Paul Ehrlich to the more recent hysteria among environmental activists who continue to day-dream about the glories of “a world without us.” Continue Reading...

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