Three books to help you think like an economist

Everyone knows that there is a difference between knowing about something and knowing how to do something. The first is a superficial way of knowing, not a bad way to begin, but it is no substitute for the mastery which comes by integrating knowledge into experience. Continue Reading...

How reason and faith complement each other

Faith and reason are mutually reinforcing. When faith and reason are combined, faith is kept from metastasizing into irrationality and reason is kept from becoming overly materialistic. The combination of faith and reason is the foundation of Western Civilization. Continue Reading...

Lord Acton on true liberalism

Early last month there was a great debate over the question “What is Liberalism?” on the Free Thoughts Podcast. The debate was between Helena Rosenblatt, professor of history at City University of New York and Daniel Klein, professor of economics at George Mason University. Continue Reading...

A ‘one-stop shop’ for natural law theory

Over at the University Bookman, W. Bradford Littlejohn reviews Niels Hemmingsen’s On the Law of Nature: A Demonstrative Method, recently published by CLP Academic. Littlejohn describes this surprising sixteenth century treatise as “a concise one-stop shop summary of Aristotelian-Thomistic epistemology, philosophy of action, and natural law theory.” Continue Reading...

Book Review: A brief primer on the ideas of Milton Friedman

The Book: Milton Friedman: A concise guide to the ideas and influence of the free-market economist by Eamonn Butler The Gist: As the subtitle suggests, this short book provides a concise overview of the ideas and influence of the late economist, Milton Friedman The Quote: “[T]he supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. Continue Reading...