What Economics Can’t Explain

Tyler Cowen has an interesting column in last Sunday’s New York Times, arguing that despite run-of-the-mill objections to “cold” and “heartless” economic analysis, economics is, as a science, “egalitarian at its core”: Economic analysis is itself value-free, but in practice it encourages a cosmopolitan interest in natural equality. Continue Reading...

Young Adults Lag In Wealth Building

According to a new study by the Urban Institute, “when it comes to saving, owning a home, paring down debt, and growing a retirement nest egg, those under age 40 have stagnated as their parents’ generation accumulated.” Average household net worth, even after the ripples of “the Great Recession,” nearly doubled from 1983 to 2010, but not for those born after GenXers or Millennials (those born after 1970). Continue Reading...

Church, Culture, and the Gospel as Pearl and Leaven

Over at the Hang Together blog, Greg Forster takes a long look at the images of the gospel as “pearl” and “leaven” and the implications for Christian engagement and creation of culture, particularly within the context of the Great Commission and the Cultural Mandate: The main difficulty we seem to have in discussing Christian cultural activity is the strain between two anxieties. Continue Reading...

PowerLinks – 03.22.13

What Principles Are Important for Human Flourishing? Jay W. Richards, Institute for Faith, Work & Economics Restoring the culture to the glory of God: it’s the reason we at IFWE are working to inspire Christians to live out a theology that integrates faith, work, and economics. Continue Reading...

The Legacy of Racism and Surrogate Decision-Making

In 1989, Erol Ricketts, a researcher with the Rockefeller Foundation, found that between 1890 and 1950, blacks had higher marriage rates than whites, according to the U.S. Census. The report, titled “The Origin of Black Female-Headed Families,” published in the Spring/Summer issue of Focus(32-37), provides an overview that highlights an important question. Continue Reading...

Nuns, 60 Minutes, Go After Rep. Paul Ryan

Rep. Paul RyanLast week’s spike in gasoline prices hasn’t slowed Nuns on the Bus a whit. The nuns and Network, their parent organization, are squeezing every drop of mileage out of their new-found fame, which has more to do with supporting liberal causes than reflecting church principles of caring for the poor and limiting government’s role in the private sector. Continue Reading...

PowerLinks – 03.21.13

Food Stamps Participation Hit Record Highs in 2012 Ashley Shelton, The Foundry Citing the latest statistics released by the Department of Agriculture, the Weekly Standard reported food stamp participation was at an average of 46,609,072 people every month of 2012. Continue Reading...

Video: Rev. Sirico on Avoiding Economic Disaster

The Montreal Economic Institute produces a “Free Market Series” of videos interviewing experts such as Michael Fairbanks and Steve Forbes. This video highlights the Rev. Robert Sirico discussing the role of free markets in economics, and the false sense of utopia offered by other economic systems. Continue Reading...