Posts tagged with: knowledge

The most recent issue of the Journal of Markets & Morality, vol. 17, no. 1, has been published online at our website (here). This issue features an array of scholarship on the foundations and fabric of free and virtuous societies, ranging from David VanDrunen’s examination of the market economy and Christian ethics, offering an unique synthesis between pro- and anticapitalist perspectives, to David Urban’s examination of liberty and virtuous self-government in the works of the seventeenth-century English poet John Milton.

In addition to our regular slate of articles and book reviews, our Scholia special feature offers, for the first time ever in print, a selection from the English jurist Matthew Hale’s treatise on natural law. In his introduction, David Sytsma highlights Hale’s importance in the common law tradition:

The legal history of England and the United States of America is commonly recognized as following a unique path distinct from the rest of Europe. Whereas continental European nations followed the Roman civil law (Corpus iuris civilis) compiled by Justinian, England developed its own body of customary law known as common law. Among legal historians of English common law, Sir Matthew Hale (1609–1676) ranks as one of the most familiar names along with Sir Edward Coke and Sir William Blackstone. After an early career as a lawyer, during which time he served as counsel for the defense at the famous trials of Archbishop Laud in 1643 and Christopher Love in 1651, Hale was appointed Justice of the Common Pleas (1654–1658), and at the Restoration was appointed successively as Chief Baron of the Exchequer (1660–1671) and Chief Justice of the King’s Bench (1671–1676). In the judgment of one historian, he was not only “accounted by his contemporaries the most learned lawyer of the age” but was so well received over the course of centuries of scholarship that he is now known as “one of the greatest jurists of the modern common law.”

Given his importance, it is an honor to be able to offer this selection of his work now published for the first time.

Meanwhile, in the editorial for this Spring’s issue, I offer a primer for peer review in the face of a bit of often not-so-honorable etiquette in academia. The Journal of Markets & Morality has added new policies and practices in order to better serve our authors and reviewers and, where possible, minimize instances of misconduct. I write,

It is in light of this practice that the editors of the Journal of Markets & Morality conceived the idea for this peer-review primer. In the course of research, we have also reevaluated and reaffirmed our policy of double-blind peer review for reasons to be detailed herein. Additionally, certain structural issues enable and can even encourage the poor etiquette in question as well as other issues of quality that have come to our attention. In light of all this, we have added a few procedures with the hope of achieving higher quality reviews, streamlining the review process for everyone involved, and discharging our editorial responsibility with regard to maintaining a cordial and professional academic environment.

As is our standard practice, this issue’s editorial is open access (here).

Furthermore, with the publication of our Spring 2014 issue, our Spring 2013 issue (here), which was a theme issue on the subject of integral human development, is now open access.

Subscription information and prices for the Journal of Markets & Morality can be found here.

Jamie Bérubé

Jamie Bérubé

In a powerful profile of his son Jamie, a young man with Down syndrome, Michael Bérubé explores some of the key challenges that those with disabilities face when trying to enter the workforce:

The first time I talked to Jamie about getting a job, he was only 13. But I thought it was a good idea to prepare him, gradually, for the world that would await him after he left school. My wife, Janet, and I had long been warned about that world: By professionals it was usually called “transitioning from high school.” By parents it was usually called “falling off the cliff.” After 21 years of early intervention programs for children with disabilities…there would be nothing. Or so we were told.

At 13, Jamie reported that he wanted to be a marine biologist. A very tall order, I thought; but he knew the differences between seals and sea lions, he knew that dolphins are pinnipeds, and he knew far more about sharks than most sixth graders. And despite his speech delays, he could say “cartilaginous fish” pretty clearly. Perhaps he could work at an aquarium?

Bérubé goes on to tell the story of Jamie’s education and upbringing, which includes the unfortunate descent from that lofty childhood dream to his current unemployment at age 22. “By the end of the year [at age 13]…Jamie had lowered his sights from ‘marine biologist’ to ‘marine biologist helper,’ Bérubé writes. “And by the end of eighth grade…when he was asked what he might do for a living when he graduated, he said dejectedly, ‘Groceries, I guess.’”

Despite testing at rather high levels for his disability, and despite having years of experience working in various low-wage and volunteer jobs, Jamie continues to struggle in his search for a career, even in areas like factory work, food service, or hospitality. (more…)

vergara-californiaNine California kids are suing their state over substandard teaching at their public schools. Campbell Brown explains why this case—which few people have ever heard of—may have a huge impact on education:

Win or lose, these students are reminding us of the activism that is born out of the inaction of our leaders and the frustration driven by inequity in education. Children and parents have resorted to acting on their own, finding inspiration in desperation.

Their fight stems from a basic belief that access to highly qualified teachers should be fair and widespread, that classroom safety is paramount, and that equity remains essential.

Vergara v. California takes aim at laws that go directly to the heart of a good education: the ability to have, keep, and respect good teachers and dismiss utterly failing ones. Specifically, the suit challenges California laws that create three sets of problems, all of them undermining a school’s ability to act in the best interest of students.

Read more . . .

exile“What is our salvation actually for?”

It’s a question that many Christians neglect to ask or seriously consider, and even for those of us who do, we tend toward answers far too focused on ourselves — our personal well-being, piety, or pathway to heaven.

But what if salvation isn’t just about us? What if it’s about something deeper, wider, and richer?

This is the question at the center of For the Life of the World: Letters to the Exiles, a newly released 7-part series from the Acton Institute that seeks to examine the bigger picture of Christianity’s role in culture, society, and the world. Guided by storyteller Evan Koons, the documentary includes Acton researchers Stephen Grabill and Anthony Bradley, as well as other powerful thinkers and doers such as Amy Sherman, Tim Royer, John Perkins, and upcoming Acton University speaker, Makoto Fujimura.

The series is debuting nationally at this week’s Q Conference in Nashville, where Anthony Bradley is giving a related talk on “Life in Exile: How Do We Practice Being a Counterculture For the Common Good?”

Watch the trailer below:

“We are strangers in a strange land,” explains Stephen Grabill, yet “we are meant to make something of the world.” Our salvation is not about holding God’s gifts for ourselves, but rather, about being gift-givers to all and for all. Salvation is for the life of the world. (more…)

Blog author: jballor
posted by on Friday, March 14, 2014
College Freshman

College Freshman

Consider the following (emphasis added):

“Higher education is an industry in danger,” says Clayton Christensen, the Harvard Business School guru and a senior advisor (unpaid) at Academic Partnerships. “It’s very plausible to say that 15 years from now half of the universities that exist will be bankrupt and in some fundamental way facing extinction and the need to totally change themselves.” (Caroline Howard, “No College Left Behind,” Forbes, 2/12/14)

Richard Lyons, the dean of University of California, Berkeley’s Haas School of Business, has a dire forecast for business education: “Half of the business schools in this country could be out of business in 10 years—or five,” he says. (Patrick Clark, “Half of U.S. Business Schools Might Be Gone by 2020,” Businessweek, 3/14/14)

What do you think? Are the doomsayers about the higher ed bubble generally too pessimistic? Are there discernibly different markets for different kinds of higher ed.? If Lyons is right about the dynamics of B-schools, are there similar dynamics at work for divinity schools and seminaries? Are such religious institutions more or less vulnerable?

There’s no shortage of those warning about various iterations of a higher education bubble. It’s almost a cottage industry. Are they Chicken Littles or true prophets?

For more reading, consider the Controversy in the Journal of Markets & Morality, “Should Students Be Encouraged to Pursue Graduate Education in the Humanities?”

In his new book, Knowledge and Power, the imitable George Gilder aims at reframing our economic paradigm, focusing heavily on the tension between the power of the State and the knowledge of entrepreneurs — or, as William Easterly has put it, the planners and the searchers.

“Wealth is essentially knowledge,” Gilder writes, and “the war between the centrifuge of knowledge and the centripetal pull of power remains the prime conflict in all economies.”

In a recent interview with Peter Robinson, he fleshes out his thesis:

Quoting Albert Hirschman, Gilder notes that, “Creativity always comes as a surprise to us,” continuing (in his own words), “if it didn’t, we wouldn’t need it and planning would work….Entrepreneurial creativity is almost defined by its surprisal —  by its unexpected character.”

Making room for such surprise requires a dose of Hayekian humility, but as for the shapes, contours, and origins of the surprise itself, Christianity has plenty to say. (more…)

Blog author: jsunde
posted by on Tuesday, December 31, 2013

????????????????????????????????????In a recent piece for the Wall Street Journal, Emory economics professor Paul H. Rubin makes an interesting argument about the way economists tend to over-elevate and/or misconstrue the role of competition in the flourishing of markets.

“Competition plays a supporting role,” he argues, but “cooperation makes markets thrive”:

The way we use the term competition instead of cooperation fosters anti-market bias. “Competition” carries a negative connotation because it implies winners and losers, and our minds naturally feel sympathy for the losers. But cooperation evokes a positive response: It’s a win-win situation with no losers. And in fact the word competition doesn’t depict market activity as aptly as the word cooperation. The “competitive economy” would be better described as the “cooperative economy.”

Consider the most basic economic unit, the transaction. A transaction is cooperative because both parties gain from a voluntary exchange. There is competition in markets, but it’s actually competition for the right to cooperate. Firms must compete for the privilege of selling to consumers—for the right to cooperate with consumers. Workers compete for the right to cooperate with employers. Competition matters because it ensures that the most efficient players will gain the right to cooperate on the best terms available. But competition plays a supporting role, while cooperation makes markets thrive. (more…)

Blog author: dpahman
posted by on Wednesday, May 8, 2013

As commencement ceremonies once again are being celebrated around the country, I was reminded again of the moral crisis of US education.

Elise Hilton recently surveyed the dismal employment rate among young adults in the US, writing that we have moved in twelve years from having the best rate in the developed world to being among the worst, following the path of Greece, Spain, and Portugal.

She highlights two possible solutions. The better one is from Acton’s director of research Samuel Gregg:

Gregg says we must rely on free markets rather than redistribution of wealth, economic liberty, rule of law, entrepreneurship and the ability to take risks economically – all things that have made America great in the past.

The second comes from David Leonhardt, who, among other ideas, suggests, “Long term, nothing is likely to matter more than improving educational attainment, from preschool through college.”

Notice the language he uses? Not educational quality, nor even job-training, but “educational attainment.” With no intended disrespect to Mr. Leonhardt, it is precisely this well-meaning, widespread, but ill-informed mentality that has led, in large part, to our current educational crisis. (more…)

Blog author: jsunde
posted by on Thursday, February 7, 2013

Nation-of-takersJordan Ballor recently reviewed Nicholas Eberstadt’s A Nation of Takers: America’s Entitlement Epidemic, pointing out in some additional commentary that when “government is contiguous with society…perhaps our conceptions of ‘making’ and ‘taking’ need some re-examination.” Today, he connects some more dots, including a helpful reference to Herman Bavinck.

In my own review of the book at Values & Capitalism, I offer a similar response, focusing particularly on William Galston’s critique of Eberstadt, which is included in the book itself. Whereas Eberstadt can be overly dichotomous in his categorizing, Galston gives way to a blurrying impulse.

Galston’s primary critique of Eberstadt’s maker-taker paradigm is that his emphasis on “dependency” is over-hyped and undeserved. “The moral heart of this fiscal challenge is not dependence,” Galston writes, “but rather a dangerous combination of self-interest, myopia, and denial.” For Galston, dependency is a natural and healthy part of any society. Thus, as long as all the giving and taking balances out, who cares about the particular channels of exchange?

As I summarize in my review:

For Galston, the steep climb toward increasing entitlements is only a dangerous hike if we fail to tax the citizenry accordingly. While Eberstadt emphasizes that there is more to this lopsided situation than mere lopsidedeness, Galston struggles to understand why “dependence” and “entitlement” are features to be avoided in and of themselves, pointing out that planning for long-term security through a giant bureaucracy is no different than putting one’s life savings in a retirement annuity. “I do not see why transferring this case to the public sector makes a moral difference,” he writes.

If this rash conflation of distinct social and institutional orders weren’t enough, Galston goes further, comparing dependence on the state to the safety and security of the family. “We are in no way troubled when children depend on their parents,” Galston points out. “That’s the way it’s supposed to be … As long as we contribute our share, taking is morally unproblematic. We can be a nation of takers, as long as we are a nation of givers as well.”

Father/daughter = Obama/serf?

Potato potahtoe, tomato tomahtoe. (more…)

Blog author: jsunde
posted by on Tuesday, January 8, 2013

marylazarusWe humans have a pesky tendency toward earthbound thinking. The natural world comes more easily to us, for obvious reasons, and thus, even when we aim to overcome our disposition and contemplate ways to improve things beyond the immediate, it’s hard for us to break out of the box.

Much like Judas Iscariot, who reacted harshly to Mary’s outpouring of expensive ointment on Jesus’s feet, we are prone to react only to the material implications, ignoring altogether whether God might prefer us to do something so peculiar as “keep it for the day of [Jesus’s] burial,” as was the case for Mary.

It is for this reason that the Apostle Paul urged us to present our bodies as a “living sacrifice” — to not be “conformed to this world,” but be “transformed by the renewal of your mind.” Such a life, Paul explains, demands a transcendent perspective made up by constant “testing” of the world as we naturally see it, that we might “discern what is the will of God, what is good and acceptable and perfect.” This is a life consisting of far more than surface-level observations of the physical world, requiring us to submit our reasoning about everything from material prosperity to human happiness to the ultimate will of the Supreme Creator.

This call to active and continuous spiritual discernment reaches into every dusty corner of our day-to-day lives, and it involves plenty of overlap with what we might call the “natural realm” (unhealthy dualism in the other direction is, of course, a competing temptation). Thus, in exploring something as overarching and all-encompassing as our social and economic thought, we should be wary of allowing these natural tendencies and earthly values to serve as the dominating inputs, legitimate and valuable though many of these features may be when properly ordered (e.g. “happiness”).

When we attempt to subvert God’s transcendent reality, the problem can play out in a variety of ways and in varying degrees. Most clear, perhaps, at least in recent memory, is the example of Soviet Communism — an orientation that Whittaker Chambers once described as “man’s second oldest faith,” whose “promise was whispered in the first days of the Creation under the Tree of the Knowledge of Good and Evil”:

[Communism] is the vision of man’s mind displacing God as the creative intelligence of the world. It is the vision of man’s liberated mind, by the sole force of its rational intelligence, redirecting man’s destiny and reorganizing man’s life and the world. It is the vision of man, once more the central figure of the Creation, not because God made man in His image, but because man’s mind makes him the most intelligent of the animals. Copernicus and his successors displaced man as the central fact of the universe by proving that the earth was not the central star of the universe. Communism restores man to his sovereignty by the simple method of denying God.

But although the glaring errors of atheism help illuminate where things can turn sour, the trickier questions lie with the rest of us who do seek to place God at the center of all things, yet still find ourselves persistently struggling with how that should look in our day-to-day endeavors. (more…)