An interview about Michael Novak and his vision of the market economy

February 2020 marks the third anniversary of the death of the American Catholic intellectual and the 1994 winner of the Templeton Prize in Religion, Michael Novak. Perhaps most famous for his 1982 book, “The Spirit of Democratic Capitalism,” Novak’s ideas were immensely influential for several decades in American public life, numerous faith communities and the world of political economy. Continue Reading...

Argentina is spiraling into economic chaos

It’s hardly news to say that Argentina is in deep economic trouble. With only a few exceptions, that has been a given for decades. But recent developments underscore just how much it is the responsibility of Argentine populist politicians and, to be blunt, those who persist in voting for them. Continue Reading...

Generosity through trade: The power of giving and receiving

In cultivating a Christian ethic of economic generosity, we tend to focus heavily on traditional acts of charity—donating our dollars, volunteering our time, and so on. Likewise, in heeding Jesus’ call in Matthew 25 to serve the “least of these,” we often think through the lens of one-way material transfers. Continue Reading...