economics

May 19, 2015

Samuel Gregg On Free Trade, Trans-Pacific Partnership And The Church

The controversial Trans-Pacific Partnership (TPP), backed by many Republicans and President Obama, hit a snag Tuesday when key Democrats spoke out against the agreement. What exactly is the TPP? It is a free trade agreement with 12 nations (including China and Japan) that purports to increase economic growth, jobs and free trade. Continue Reading...

May 15, 2015

How To Turn The American Dream Into A Nightmare

If one decides to destroy the American Dream, there are a few steps that would be necessary. Put Big Government in charge. The average American can’t figure out his or her own dreams, let alone what it would take to make them a reality. Continue Reading...

May 13, 2015

Kishore Jayabalan: Pope Francis, The Economy And Missing The Mark

Kishore Jayabalan, Director of Istituto Acton in Rome, evaluates a new book on Pope Francis and the economy. The book, Papa Francesco: Questa Economia Uccide [Pope Francis: This Economy Kills], is written by two Italian journalists known for skirting the ethical standards for Vatican journalists. Continue Reading...

May 11, 2015

Raising The Minimum Wage Is The Right Thing To Do: Wherein Robert Reich Gets It All Wrong

Robert Reich seems to be a smart man. He served under three presidents, and now is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. Continue Reading...

May 06, 2015

Bring Back the Teen Summer Job

I recently gave a hearty cheer for bringing back childhood chores, which are shockingly absent in a majority of today’s homes. The same appears to be the case with summer work for teenagers, which is increasingly avoided due to sports activities, cushy internships, video games, clubs and camps, and, in many cases, a lack of employment prospects altogether. Continue Reading...

May 05, 2015

Workers and Laborers or Kings and Priests?

When faced with work that feels more like drudgery and toil than collaborative creative service, we are often encouraged to inject our situation with meaning, rather than recognize the inherent value and purpose in the work itself. Continue Reading...

April 30, 2015

Why is the Episcopal Church Working as a Debt Collector?

For decades The Episcopal Church (ECUSA) has faced declining membership (in 1966, the ECUSA had 3,647,297 members; by 2013, the membership was 1,866,758, a decline of 49 percent.) But even when people are leaving the pews someone still has to pay for those pews, as well as the other overhead costs that come with running a large organization. Continue Reading...

April 30, 2015

Increase In Minimum Wage? $11; Losing Your Job? Priceless

Seattle has now mandated an increase in minimum wage. The economic ramifications are being felt, especially throughout the restaurant industry. Several Seattle restaurants have done away with tipping, but are adding a mandatory service charge on a customer’s bill. Continue Reading...

April 29, 2015

Getting Rich In Libya By Smuggling Humans

It’s not easy to make a living in Libya, one of the world’s poorest nations. However, Libya has one thing going for it: its proximity to Europe. This is making smugglers rich. Continue Reading...

April 28, 2015

Who Earns Minimum Wage And Why It’s Okay

Do you remember trying to find that first job? You’d be told you needed experience by an would-be employer, but no one would hire you so you could get the experience. Continue Reading...

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