Sen. Tim Scott of South Carolina delivered the Republican response to President Joe Biden’s address to a joint session of Congress. Scott’s well-received address traversed the full ground of faith, virtue, and economics – openly declaring that “becoming a Christian transformed my life,” hailing the “the most inclusive economy in my lifetime” under the Trump administration, and stating boldly that “America is not a racist country.” Continue Reading...
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April 28, 2021
Bishops: The Equality Act will destroy Christians’ careers
The bishops of the world’s oldest Christian church have condemned the proposed “Equality Act” – not just based on its threat to religious liberty – but also the danger it poses to Christians’ ability to make a living. Continue Reading...
April 27, 2021
Foreign aid pays for Muslim imams to preach the government’s message
All government spending contains items that could best be described as “surreal.” In that category, a Western foreign aid program paid researchers to insert material into the sermons of Muslim imams. Continue Reading...
April 23, 2021
The economics behind the COVID-19 baby bust
At the beginning of the COVID-19 pandemic, some academics predicted a “baby boom,” as couples found themselves locked down with nothing to do. But those familiar with economics knew differently – and the data have now backed us up. Continue Reading...
April 23, 2021
The fallacy of capitalism’s ‘race to the bottom’
The Biden administration proposes a global minimum tax on corporations to end the “global race to the bottom.” Leaving aside the wisdom of letting France tax U.S.-based corporations, this phrase recalls one of the regnant canards of our time: Capitalism inevitably lowers living standards and grinds people down into poverty. Continue Reading...
April 22, 2021
Kingdom economics: Work and trade as gift-giving
When reflecting on our economic action, we tend to be overly focused on one side of the exchange: our own benefit, our own profit, our own “piece of the pie.” Our consumer-centered culture happily affirms such an emphasis, routinely promoting a zero-sum vision of the economy and self-centered attitudes about vocation, daily work, and economic exchange. Continue Reading...
April 21, 2021
Explainer: the ‘global minimum tax’
Treasury Secretary Janet Yellen has said she plans to impose a global minimum tax on U.S. corporations, which she will coordinate with global leaders to stop “a destructive, global race to the bottom.” Continue Reading...
April 21, 2021
The free market vs. the ‘Really Really Free Market’
Recently in Grand Rapids an old idea served as a catalyst for a new community event, the “Really Really Free Market.” This “market” was open to guests where they are free to give and take a range of goods provided by community members and organizations free of charge:
Organizer MC Camp said the community-building event feels too good to be true to many, but represents local generosity. Continue Reading...
April 20, 2021
Derek Chauvin guilty, but riots will hurt Minneapolis for generations
In Minneapolis, members of the clergy and Congress alike spent the weeks before Derek Chauvin’s conviction on all charges pouring gasoline on the fire of rioters’ rage. Rep. Maxine Waters, D-Calif., Continue Reading...
April 16, 2021
School shutdowns hurt struggling students, girls the worst: Study
In-person school closures due to COVID-19 lockdowns widened the gap between the rich and poor, a new study conducted by Oxford University has found. While young people of all demographic groups fell behind during the period of remote learning, those from the least educated homes were the hardest hit. Continue Reading...