If there is anything that makes people nervous about capitalism, it is surely the prospect of instability. Whether it is the boom-bust cycle or severe financial crises, the up-and-downs that seem to be part-and-parcel of life in market economies make us nervous. Continue Reading...
Latest Posts
June 28, 2023
Orban Is Running Out of Other People’s Money
There once was a time when foreign investors regarded Hungary as the tax haven of the European Union. Boasting a low corporate tax rate, a new flat tax, and most importantly for many investors massive subsidies from the Hungarian government to “create jobs,” this was Hungary’s claim to fame. Continue Reading...
June 27, 2023
Disney and Human Flourishing
Sometime in the last decade, the collegiate class were led by their dedicated sophists to start talking about “the narrative,” which hadn’t concerned them before. Soon they also started complaining about propaganda, “misinformation, disinformation, and malinformation.” Continue Reading...
June 22, 2023
Christian Humanism and the Imaginative Mysteries
A young Kansas boy moves between oil derricks, wheat fields, and abandoned buildings. He stops for only one thing: the hose. Not any ordinary hose, but a most extraordinary hose. Its contents pour forth not in trickles, streams, or torrents but gush in words, images, and pages. Continue Reading...
June 21, 2023
The Best Econ Books for Your Summer Reading
The best way to start summer is to stock up on the newest book releases and to revisit the classics. Whether you’re concerned about growing populism among the right and left, how to think through humanitarian aid within your church, or the more significant questions of human flourishing, there is something for everyone. Continue Reading...
June 21, 2023
Was the British Empire Evil?
There is a comedy sketch from British television, now made immortal by the internet, in which a Nazi soldier, waiting for Russian troops to advance on his army’s position, uneasily examines the skull insignias on his uniform and wonders if they might, in fact, be the baddies. Continue Reading...
June 20, 2023
There Are No Alternatives to Free Market Capitalism
Alexander William Salter’s new book, The Political Economy of Distributism: Property, Liberty, and the Common Good, is an odd fish. It begs questions, contains numerous chapters that consist mostly of lengthy quotations, and at times seems to contradict itself, yet in the end it affirms an essential truth that we may forget from time to time, that private property is essential for political freedom. Continue Reading...
June 16, 2023
European Union Demands Immediate Release of Jimmy Lai
The European Parliament condemned the persecution of jailed newspaper publisher and pro-democracy activist Jimmy Lai, calling for his immediate and unconditional release from prison and the repeal of Hong Kong’s national security law (NSL), in a resolution passed on June 15, according to Voice of America. Continue Reading...
June 16, 2023
This Fathers’ Day, Remember that Property Is Holy
The French Revolution of 1848, which began on February 22 in Paris, led to the fall of the July Monarchy in France, the founding of the Second Republic, a wave of democratic revolutions across Europe, a revival of European liberalism, and the spread of various forms of socialism. Continue Reading...
June 15, 2023
Freedom of Religion Is Inherently Good
Growing up in Yemen, a conservative branch of Islam was very popular in my household, school, and mosque. Freedom of religion was a myth frowned upon. It was thought that Islam is the right religion that will take us to Paradise, and the rest of humanity is, alas, going to hell unless they accept our narrow, stringent version of Islam. Continue Reading...