Post Tagged 'economics'

December 01, 2016

Kings without a king: Kuyper on the illusion of independence

“A human kingship imperceptibly came to power, leaving no place for the kingship of Christ.” –Abraham Kuyper The West prides itself on valuing freedom – political, economic, religious, and otherwise. For some, this leads to the promotion of a certain brand of libertinism: the freedom to do what we want. Continue Reading...

November 10, 2016

Review: ‘NIV Faith and Work Bible’ uncovers God’s story for stewardship

The church has recently awakened with renewed interest in the intersection of faith and work, leading to a widespread movement in congregations and seminaries and a constant flow of books, sermons, and other resources (including a hearty bunch from the Acton Institute). Continue Reading...

October 25, 2016

Samuel Gregg: The ‘phony war’ between Catholics and libertarians

“Supporting markets as the economic arrangements most likely to help promote human flourishing doesn’t necessarily mean you accept libertarian philosophical premises” says Acton Institute Director of Research Samuel Gregg in an essay published today at Public Discourse. Continue Reading...

October 25, 2016

Does the equilibrium model work in the real world?

Note: This is the seventh post in a weekly video series on basic microeconomics. In previous videos in this series from Marginal Revolution University we learned how prices reach equilibrium and how the market works like an invisible hand coordinating economic activity. Continue Reading...

October 11, 2016

When it comes to economics, Pope Francis gets caught up in the rhetoric

We all (probably) want to reduce poverty, but how do we actually go about doing that? Pope Francis has been extremely vocal about this problem, but many have taken issue with his suggested solutions.When Continue Reading...

October 04, 2016

How markets discover the equilibrium price

Note: This is the fourth post in a weekly video series on basic microeconomics. Now that we know what the supply and demand curves are we can put them together to understand how they affect prices. Continue Reading...

September 09, 2016

Orthodox Theology, Morality, and Impersonal Markets

Today at Public Orthodoxy, the blog of the Orthodox Christian Studies Center of Fordham University, I have an essay on the need for Orthodox theology to more seriously engage modern economic science. Continue Reading...

August 31, 2016

Audio: Michael Matheson Miller on the Preconditions for Human Flourishing

Acton Research Fellow and Director of Poverty, Inc. Michael Matheson Miller joins host Bill Meyer on The Bill Meyer Show on KMED Radio in Medford, Oregon, to discuss how to genuinely help those around the world who remain mired in poverty. Continue Reading...

August 29, 2016

What Christians can learn from Adam Smith’s ‘paradox of value’

In a new video from TED Ed, Akshita Agarwal provides a quick lesson on Adam Smith’s “paradox of value” and the differences between “value in use” and “value in exchange.” For Christians, there’s a crucial lesson here about the best way to meet human needs in the economic order, whether through trade policy, reducing price controls, or any number of other areas. Continue Reading...

July 20, 2016

The Harmful Effects of Protectionism

What is the biggest economic problem that the U.S. is currently facing? Depends who you ask. Some social justice warriors would tell you that capitalism is ruining our economy, yet many who have studied and understand economics would argue the opposite. Continue Reading...

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