Latest Posts

September 04, 2018

The Great Recession and the failure of financial intermediaries.

Note: This is post #92 in a weekly video series on basic economics. What caused the Great Recession of 2008? In this video by Marginal Revolution University, economist Tyler Cowen discusses a couple of key reasons, including homeowners’ leverage, securitization, and the role of excess confidence and incentives. Continue Reading...
August 31, 2018

How Switzerland honors the Protestant work ethic and Catholic subsidiarity

In the U.S., Labor Day weekend celebrates the work ethic that made this nation the most prosperous in human history, and federalism is enshrined in our constitution. But Switzerland – so often overlooked by the West – may have much to teach us about how to honor and embrace the profound influence of the Protestant work ethic and Catholic subsidiarity. Continue Reading...
August 31, 2018

How we participate in God’s own work

“This is what I have observed to be good,” the Preacher says, “that it is appropriate for a person to eat, to drink and to find satisfaction in their toilsome labor under the sun during the few days of life God has given them—for this is their lot” (Ecclesiastes 5:18 [NIV]). Continue Reading...