innovation

July 26, 2017

The political implications of bitcoin

Prior to the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money, balanced budgets reflected the received wisdom for governments. By making the case for debt spending in times of recession (and the virtually ignored case for restricting spending in times of growth), Keynes gave political leaders a license to abandon the requirement of balance. Continue Reading...

June 12, 2017

When Lightning McQueen brought jobs to rural America

“Main street isn’t main street anymore. No one seems to need us like they did before.” Americans continue to face the violent winds of economic change, whether stemming from technology, trade, or globalization. Continue Reading...

April 25, 2017

Why J.D. Vance is bringing venture capital to the Rust Belt

As Americans continue to face the disruptive effects of economic change, whether from technology, trade, or globalization, many have wondered how we might preserve or revive the regions that have suffered most. Continue Reading...

April 19, 2017

Start-ups for the kingdom: How a Cincinnati church is empowering entrepreneurs

The faith-work movement has had great success in helping Christians connect daily work with spiritual calling, leading many to shift their approach to economic stewardship. For some, that will translate into a more basic shift in attitude, with continued service at an existing company or a long-standing industry. Continue Reading...

January 24, 2017

Lessons from India’s ‘private city’

Given the acceleration of urbanization around the world, many are wondering how local governments and city planners will keep up with the pace. While advocates of free markets routinely argue for fewer top-down restrictions and more privatization of local services, others argue for increased controls and more advanced central planning. Continue Reading...

October 26, 2016

Why coffee tasting matters to God

Does the work of a coffee buyer have an impact that stretches on into eternity? Does coffee tasting matter to God? In a new video from Chapel Hill Bible Church, coffee taster and buyer Jeff McArthur shares how he came to see the deeper meaning of his work, both in the day-to-day trades and exchanges with his customers and community and in the relational ripple effects that reach on into the broader economic order. Continue Reading...

October 05, 2016

What an oxygen mask teaches us about the power of creative service

The oxygen masks dropped as the plane began to drop in altitude and lose cabin pressure. As he and his friends applied the masks, Reid Kapple began to wonder if the end was near. Continue Reading...

September 09, 2016

The idea equation for economic growth

The key to creating economic flourishing is economic growth and the key to creating long-term economic growth is to create new ideas. But what is the key to creating ideas that lead to innovation? Continue Reading...

September 07, 2016

Rise of the ‘super-neo-reverse Malthusians’

The doom delusions of central planners and population “experts” are well documented and refuted, ranging from the early pessimism of the Rev. Thomas Robert Malthus to the more fanatical predictions of Paul Ehrlich. Continue Reading...

August 03, 2016

What Eric Whitacre’s ‘virtual choir’ teaches us about globalization and community

The rise of globalization and the expansion of trade are continuously decried for their disruptive effects, particularly as they apply to “authentic community.” Indeed, our strides in global connectedness have often come at a local cost, with the small and familiar being routinely replaced by the big and blurry, the intimate with the superficial, and so on. Continue Reading...

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