Reviving civil society: Formative vs. performative institutions

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Regulators drop their beef with McDonald’s

A particularly harmful Obama-era labor rule, designed to fill union coffers while harming small business owners, is coming to an end. In a rule to be published tomorrow, the National Labor Relations Board upholds common sense and balances the scales of justice. Continue Reading...

Three books to help you think like an economist

Everyone knows that there is a difference between knowing about something and knowing how to do something. The first is a superficial way of knowing, not a bad way to begin, but it is no substitute for the mastery which comes by integrating knowledge into experience. Continue Reading...

An interview about Michael Novak and his vision of the market economy

February 2020 marks the third anniversary of the death of the American Catholic intellectual and the 1994 winner of the Templeton Prize in Religion, Michael Novak. Perhaps most famous for his 1982 book, “The Spirit of Democratic Capitalism,” Novak’s ideas were immensely influential for several decades in American public life, numerous faith communities and the world of political economy. Continue Reading...