Religion & Liberty Online Archives

Economics

October 21, 2013

Stan Druckenmiller on Intergenerational Theft

In a recent interview in the Wall Street Journal, billionaire Stan Druckenmiller discusses his recent university tour sounding the alarm on intergenerational theft. The article paraphrases his case: [W]hile today’s 65-year-olds will receive on average net lifetime benefits of $327,400, children born now will suffer net lifetime losses of $420,600 as they struggle to pay the bills of aging Americans. Continue Reading...
October 18, 2013

Making The Family Farm Profitable

There is much nostalgia about America’s agricultural past that many seem incapable of releasing. But the reality is forcing a new narrative about the family farm. In an era of globalization and government subsidizing large agribusinesses, family farmers have no choice in the near future but to diversify the use of their land and do something that is actually profitable. Continue Reading...
October 16, 2013

Monks Triumph Over Cronyist Morticians

The morticians wanted the monks shut down—or even thrown in jail—for the crime the Benedictines were committing. Until 2005, the monks of St. Joseph Abbey in St. Benedict, Louisiana had relied on harvesting timber for income. Continue Reading...
October 15, 2013

‘Okay, We’ll Pay:’ Business Owners Prefer Penalty To Obamacare

, Debbie and Larry Underkoffler, owners of North Georgia Staffing, are considering paying government-imposed penalties rather than offering Obamacare to temporary employees. The couple offers excellent health care to their full-time staff, but with hundreds of temporary employees, the cost of offering health insurance could sink their business. Continue Reading...
October 14, 2013

Deneen and Creative Destruction

Among many other bizarre claims in his most recent article at The American Conservative, Patrick Deneen writes, Today’s conservatives are liberals — they favor an economy that wreaks “creative destruction,” especially on the mass of “non-winners,” increasingly controlled by a few powerful actors who secure special benefits for themselves and their heirs…. Continue Reading...
October 14, 2013

Audio: Samuel Gregg Discusses the Government Shutdown

On Friday afternoon, Saumel Gregg, Acton Institute Director of Research, joined host Al Kresta on Kresta in the Afternoon to discuss the ongoing government shutdown from a Catholic perspective. In the course of his introduction, Kresta referred to Gregg’s latest book, Tea Party Catholic, as “the single best work to help us get into a Catholic understanding of our social responsibilities.” Continue Reading...
October 14, 2013

Greece’s ‘Golden Dawn’ Thrives as Economy Tanks

From the Financial Times: Greece’s neo-Nazi Golden Dawn party has penetrated the country’s police force, set up caches of heavy weapons in remote locations and trained its recruits to carry out brutal attacks against immigrants and political opponents, according to the country’s top security official. Continue Reading...