The beauty of trade: How sharing creates civilization and culture

In our complex and globalized economy, it can be hard to remember that trade and markets are fundamentally about relationships—channels for human interaction in pursuit of goods and services. That basic reality may be easier to see and feel at the local farmer’s market or the neighborhood diner, but it nonetheless translates across more intricate and extensive networks of exchange. Continue Reading...

Income inequality doesn’t affect living standards

When historians and economists look back at our era (starting around the time of the “Great Recession” in 2007) they’ll be hard-pressed to understand why so much of the policy debates centered around an issue of relatively minor importance that has existed since the beginning of humanity: income equality. Continue Reading...

Don’t save Barnes & Noble!

First it happened to Toys ‘R’ Us, but we did nothing (except complain). Now it may be happening to Barnes & Noble, and we will do nothing again. (Nothing except complain, that is. Continue Reading...

Bernie Sanders, jobs, and what work really is

Last month the Washington Post reported, “Sen. Bernie Sanders (I-Vt.) will announce a plan for the federal government to guarantee a job paying $15 an hour and health-care benefits to every American worker “who wants or needs one,”…” These jobs would be the product of hundreds of government projects initiated in, “…infrastructure, care giving, the environment, education and other goals.” Continue Reading...

How not to think clearly on faith and economics

Mark Labberton, President of Fuller Seminary, recently addressed a meeting of Evangelical leaders held at Wheaton College and has released a reconstruction of his remarks. It is an interesting address which spends four paragraphs explicitly addressing questions of economics and economic policy. Continue Reading...

Victor Claar on Christian economics

Is there a Christian view of economics? If so, what makes the economic approach different for the Christian? Dr. Victor Claar joined the recent edition of the Christian Libertarian podcast to talk about those issues. Continue Reading...