Free Enterprise

February 14, 2024

Friendship, Markets, and Reciprocal Gifts

In his 2009 encyclical, Caritas in Veritate, Pope Benedict XVI highlighted the inadequacy of a social imaginary that includes only the market and the state: The exclusively binary model of market-plus-State is corrosive of society, while economic forms based on solidarity, which find their natural home in civil society without being restricted to it, build up society. Continue Reading...

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 07, 2022

Remembering Latin America’s knight of freedom

January 7, 2022, marks the fifth anniversary of the death of a man who played a major role in spreading throughout Latin America the key ideas that underpin the free society. 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 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...

November 19, 2021

How “real” is a customized reality?

In a market economy, competition plays a crucial role. The capacity of both producers and consumers to outbid one another in selling and securing products allows for the optimal allocation of resources according to relative demand and supply. Continue Reading...

October 26, 2021

Beyond material prosperity, economic freedom fosters virtue and relationship

In defending the cause of economic freedom, it can be easy to focus only on the material fruits, whether it be new innovations and efficiencies or the ongoing expansion of opportunity and abundance. Continue Reading...

October 12, 2021

The current labor crisis started before the pandemic and has much to teach us

The United States is facing a labor shortage of epic proportions. With over 10 million jobs currently available and almost 9 million available workers waiting on the sidelines, “the U.S. now has more job openings than any time in history,” according to NBC News. Continue Reading...

October 08, 2021

Hold internet companies responsible for content on their platforms, not just the government

Frances Haugen’s recent whistleblower testimony regarding Facebook will only stoke the fires of the battle heating up in courts and legislatures over provisions originally addressed in Rule 230 of the Communications Decency Act. Continue Reading...

September 21, 2021

For nature and neighbor: A Christian vision of work and the economy

Abounding in freedom and plenty, Americans continue to grapple with competing forms of workism and careerism, struggling to find meaning and identity in an increasingly secular age. In response, many Christians have rightly taken a renewed interest in vocation and calling, reflecting on God’s original design for economic life. Continue Reading...

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