Virtue

August 13, 2019

Drucker on the church that puts economics in perspective

This is the second in a series of essays on Peter Drucker’s early works. In The End of Economic Man, Peter Drucker was impressed (not pleased, but impressed) with the ability of fascists and communists to gain the support of millions of people by offering an alternative to economic status within a society. Continue Reading...

August 08, 2019

A healthy conservative nationalism? Not without classical liberalism

Given President Trump’s new wave of nationalism—economic, political, and otherwise—various factions of conservatism have been swimming in lengthy debates about the purpose of the nation-state and whether classical liberalism has any enduring value in our age of globalization. Continue Reading...

August 05, 2019

Letter from China: Civic virtue without freedom?

I spent most of July traveling to various parts of the People’s Republic of China. Although I made brief trips to Hong Kong in 2000 and Beijing in 2016, I have never experienced anything remotely similar to this more extended stay. Continue Reading...

June 28, 2019

New Issue of the Journal of Markets & Morality (Vol. 22, No. 1)

The newest issue of the Journal of Markets & Morality has been published both in print and online here. Scholarly contributions range from a study of joy and labor in Ecclesiastes, virtue and vice in the American founding, whistleblowing, and the economics and ethics of education, including a Controversy debating the merits and demerits of the tenure system. Continue Reading...

June 27, 2019

Why ‘young hearts’ tend toward socialism (and how to win them back)

The common clichés about “kid socialists” are now well-embedded in the American imagination. The path is well-worn: young person attends college, reads Karl Marx in Sociology 101, buys Che Guevara t-shirt, attends progressive protests, supports socialistic candidates, and, eventually, grows up. Continue Reading...

June 12, 2019

Sympathy as social virtue: Adam Smith’s solution for disruption

In our dynamic and disruptive economy, we see an increasing cultural anxiety about the automation and outmoding of all things, leading us to increase our focus on technical knowledge and “hard skills.” Continue Reading...

June 10, 2019

Moral and religious people created by God not the state

Last week Joe Carter helpfully gathered many of the contributions to what John Zmirak has called ‘The Iran-Iraq War Among Conservatives’. This at times heated exchange is largely between liberal and illiberal American conservatives and it is an important and lively one. Continue Reading...

June 07, 2019

The economic virtues of ‘maker culture’

Last weekend, my wife’s employer had her working at a local “makers” expo. Such events are where members of the “maker culture” meet together to show off their projects and skills. Continue Reading...

May 31, 2019

Household responsibility as a school of virtue

As I’ve grown older, I’ve enjoyed watching my childhood friends as they start families, have children, and share what is going on in their lives via social media. Their posts give a glimpse into how they manage their own households, and can often reveal how these same friends have changed over time due to a range of external factors. Continue Reading...

May 31, 2019

Greed vs. self-interest: Toward markets driven by love

“When you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism and whether greed is a good idea to run on?” That question was famously asked by Phil Donahue to economist Milton Friedman in a popular exchange from 1979. Continue Reading...

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