Against trade wars as class wars

Debates between free-traders and protectionists routinely devolve into competing variations of class warfare – each claiming the cause of the “common man” against a wealthy and entrenched elite. Whereas protectionists argue that trade liberalization primarily benefits the rich, displacing disproportionate numbers of working-class employees, free-traders rush to the defense of working-class consumers, whose pocketbooks are undoubtedly harmed by tariffs and restrictions. Continue Reading...

The crumbling façade of Cuban communism

It has become routine for Bernie Sanders and other self-described democratic socialists to praise Cuba for its high literacy rates and universal health care. More recently, Black Lives Matter released a statement supporting the communist regime while criticizing U.S. Continue Reading...

Cuba Libre: Protestors call for an end to communism and oppression

Cubans are taking to the streets over food shortages and outrageously high prices, calling for an end to the country’s communist regime with mass protests. “Cuban citizens have taken to the streets across the country for the first time in more than six decades to protest against deteriorating living conditions and the lack of basic goods and services, including medical attention amid increasing numbers of coronavirus infections,” The Wall Street Journal reported. Continue Reading...

A biblical theology of work, Part 2: Wealth creation

Wealth creation is a divine imperative, though one that generates significant responsibilities. The church fails on business and economics when leaders think only about the responsibilities of wealth and nothing at all about how that wealth is created – both are divine imperatives. Continue Reading...

Are billionaires evil?

Criticizing billionaires has become a popular cultural trend, based on anti-rich sentiment that was recently exacerbated by a ProPublica report that leaked the tax returns of the 25 wealthiest Americans. The report’s findings were interesting but not particularly surprising, mostly confirming the long-held speculation that the ultra-rich don’t pay taxes proportional to their levels of wealth and frequently use legal avenues to shield their earnings from the government’s fingertips. Continue Reading...