Blog author: jcarter
by on Wednesday, March 12, 2014

Natural Law: Basic Principles, Objections, and Responses
Justin Taylor, The Gospel Coalition

A basic summary from Greg Forster’s very helpful book, The Contested Public Square: The Crisis of Christianity and Politics (IVP, 2008).

Free Markets, Democracy Are Nothing Without Moral, Religious People, Eric Metaxas Says
Tyler O’Neil, Christian Post

“The free market and democracy by themselves, unmoored by a religious population or a moral population, are nothing,” Metaxas said Friday. “The free hand of the market will provide cheaper, better pornography and drugs, if that’s what the population wants.”

What Does Public Schooling Teach Us About Predatory Pricing?
Bryan Caplan, EconLog

Predatory pricing is one of the simplest business practices to explain: Sell at a loss until you bankrupt your competitors. When you think about it, public schools apply this predatory strategy to an extreme degree. They don’t just sell education at a loss. They “sell” education for free!

An Unexpected Source of Human Flourishing
Shawn Ritenour, Institute for Faith, Work, and Economics

The division of labor contributes to prosperity because people are more productive when they specialize in doing those tasks at which they are relatively most efficient. Instead of every person producing every good that he consumes himself, all of us are more productive if we specialize in producing those goods for which we are the low-cost producer.