New Book: Cleveland on Economic Policy

As the media bombard us with misleading language describing the role of government in the economy (e.g., that a stimulus plan will “inject money” or “create jobs”), those who know better need to keep up a steady drumbeat of common sense concerning the potential and track record of the state’s involvement in economic affairs. Continue Reading...

Capitalism without Bankruptcy

On the first half of today’s installment of The Diane Rehm Show, Jerry Taylor, a senior fellow at the Cato Institute got off a good line in the midst of a discussion concerning federal regulation of emission standards. Continue Reading...

Jesus and the Parables

By happy serendipity two books of related interest caught my attention today. The first is David Cowan’s Economic Parables: The Monetary Teachings of Jesus Christ (Paternoster, 2007). Michael Kruse recommends the book in a brief review. Continue Reading...

Worth a Reflective Chuckle (or Two)

Government is most surely a divinely-ordained reality, and a blessing that we must celebrate. But governments realize their task when they recognize their own divinely-ordained limits. Government exists as a form of common grace to preserve the world for Christ’s coming, when the government as an order of preservation will give way to a divine monarchy (“Every knee will bow.”). Continue Reading...

Acton Commentary: The End of Capitalism?

Dire predictions about the “death of capitalism” reveal a deep ignorance about the nature of the current economic crisis — technical and moral. “Markets are the combined activities of millions of individuals and families,” Michael Miller writes in this week’s Acton Commentary. Continue Reading...

Excerpts from the Inaugural

Here are some excerpted quotes from the text of President Obama’s Inaugural address that are relevant to the themes of this blog. Some are already beginning the parsing of these words: … We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. Continue Reading...

Neighbors

Eleven times since President Bill Clinton began the practice in 1994, the U.S. President has declared Religious Freedom Day on Jan. 16, calling on Americans to “observe this day through appropriate events and activities in homes, schools, and places of worship.” President Bush has done the same this year. Continue Reading...