The Wealth of Nations Depends on the Health of Families

Family, church, and school are the three basic people-forming institutions, notes Patrick Fagan, and they produce the best results—including economic and political ones—when they cooperate. Even if all the market reforms of the Washington think tanks, the Wall Street Journal, and Forbes Magazine were enacted, we’d still need to kiss the Great American Economy goodbye. Continue Reading...

The FAQs: The Sequester

Another week, another Congress-created budget crisis. First it was the sovereign debt crisis, then the fiscal cliff crisis, and now the sequester crisis. Here’s what you need to know about the sequester. Continue Reading...

Like Putting a Beret on a Cowboy

“[He] belongs more in an insane asylum than at the head of a multinational corporation.” That was the reaction by a French union official to an amusingly harsh letter by Maurice Taylor, chief executive of tire maker Titan. Continue Reading...

Black Marriage Matters

Brittney C. Cooper, Assistant professor of Women’s and Gender studies and Africana Studies at Rutgers University, writes at Ebony Magazine.com that President Obama is being unfair to the black community by pointing out that many of the violence-related pathologies in inner cities are a result of fatherlessness. Continue Reading...

Check Your Rhetoric: What Common Good?

In the Winter-Fall 2012 issue of Modern Age (54, nos. 1-4), Jonathan Daly contributes a helpful exploration of what happens when desire for the common good goes bad. His article, “Bolshevik Power and Ideas of the Common Good,” focuses on the disastrously ill-conceived effort by the Russian revolutionaries to promote the common good through their self-proclaimed “revolutionary dictatorship of the proletariat.” Continue Reading...

Vice, Virtue, and Shareholder Activism

King Louis XIV censored Moliere’s 1664 play Tartuffe after determining audience members might too easily confuse the titular priest’s hypocritical nature with every priest in real life. According to the king, some priests’ “true devotion leads on the path to heaven,” while others’ “vain ostentation of some good works does not prevent from committing some bad ones.” Continue Reading...

Toiling for Pharaoh

My friend John Teevan of Grace College sends out a monthly newsletter, “Economic Prospect.” He passes along this in the current edition: I found this note from a newly retired accountant (age 66) who has not gone on social security yet. Continue Reading...