The financial crisis is over, but markets still need moral attention

With the financial crisis nearly a decade behind us, and with the latest figures showing 4.1 percent economic growth, the economic woes of yesteryear feel increasingly distant in our past. Even still, it’s hard to avoid the sense that something remains amiss—that beneath the material successes and encouraging metrics about unemployment rates and Gross Domestic Product, our society continues to lack the moral fabric necessary for sustained and holistic economic flourishing. Continue Reading...

Peter Heslam on wealth creation among the global poor

Throughout our debates about global poverty and economic inequality, critics of capitalism routinely raise the point that half of the world’s population live on less than $2 per day, while wealth among the other half continues to “concentrate.” The underlying assumption is clear: For so many to be making so little, someone (somewhere) must surely be taking much. Continue Reading...

Trouble in Tanzania

President John Magufuli rose to power in Tanzania in 2015 with 58% of the popular vote. A populist and master of publicity, Magufuli gathered support all over the nation and now leads one of Africa’s most populous nations. Continue Reading...

Can Bitcoin solve the classic problems of money?

The digital currency Bitcoin has not only attracted a lot of interest from investors, but it has raised some intriguing economic and financial questions. Economists and other theorists have long grappled with problems such as inflation, counterfeiting or money laundering. Continue Reading...

Corporations: moral, immoral, or amoral?

Is the free market moral? To hear its opponents describe it, the free market is an unethical system that exploits workers, consumers and the environment to make a quick buck. To critics such as Marx, capitalism leaves “no other bond between man and man than naked self-interest,” replacing human connections with cost-benefit analyses and supply-and-demand charts. Continue Reading...

Charles Krauthammer on America as a ‘commercial republic’

“We are not an imperial power. We are a commercial republic. We don’t take food; we trade for it. Which makes us something unique in history, an anomaly, a hybrid.” –Charles Krauthammer This week, we received the sad news that Charles Krauthammer has passed away due to a recent battle with cancer.  Continue Reading...

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