Economics – Page 19 – Religion & Liberty Online

December 13, 2019

The cautionary tale of ‘government cheese’

When President Jimmy Carter first took office in 1977, America’s dairy farmers were struggling. Throughout the economic disruptions of the 1970s, the country had seen a shortage of dairy products, followed by a 30% spike in prices (due to government-inspired inflation), followed by a drastic decline in prices (due to government-inspired intervention). Continue Reading...

December 11, 2019

Trade war hits home: How tariffs disrupt American businesses

Despite the “America-first” claims of trade protectionists and economic nationalists, we continue to see the ill effects of the Trump administration’s recent wave of tariffs—particularly among American businesses, workers, and consumers. Continue Reading...

December 11, 2019

Wilhelm Röpke on liberalism and Catholic social teaching

This week’s Acton Commentary, adapted from my preface to the newest Acton Institute publication The Humane Economist: A Wilhelm Röpke Reader, illustrates what makes Röpke such an interesting and vital economist: Röpke saw his project in holistic terms involving intersecting and interdependent spheres or orden that to be fully appreciated and understood scientifically must be examined in their economic, social, and moral dimensions. Continue Reading...

November 27, 2019

Marco Rubio’s ‘Common-Good Capitalism’ lacks sound economics

In this week’s Acton Commentary I examine Sen. Marco Rubio’s case for “Common-Good Capitalism”: Americans are searching for answers for the disintegration of the family, falling participation in religious and civic institutions, drug dependency, suicide, and economic dislocation. Continue Reading...

November 25, 2019

Wealth inequality is a First World problem

As the West has become progressively more interventionist, concern with “income inequality” has been eclipsed by “wealth inequality.” However, that focus betrays a certain blindness to a vital economic reality. Measures of equality and inequality tell us nothing about what really matters: a society’s prosperity or poverty. Continue Reading...

November 25, 2019

Stephanie Slade on markets, planning, and Catholic social teaching

Stephanie Slade writes in next month’s edition of Reason Magazine about, ‘Regulation and ‘the Right Ordering of Economic Life” according to Catholic social teaching: The Church’s surprising lesson for partisans of big government is that the best tools for correctly ordering economic life are found in the choices of individual market actors. Continue Reading...

November 22, 2019

2019 Calihan Lecture Video: Religion, Society, and the Market

Last month, Prof. Giuseppe Franco received the 2019 Novak Award at the University of San Diego where he delivered the 19th Annual Calihan Lecture on “Religion, Society, and the Market: The Legacy of Wilhelm Röpke.” Continue Reading...

November 20, 2019

Video: Victor Claar on the moral legacy of John Maynard Keynes

Last Thursday, we were pleased to welcome Victor Claar, associate professor of economics in the Lutgert College of Business at Florida Gulf Coast University, to participate in the 2019 Acton Lecture Series with an address on the moral legacy of John Maynard Keynes. Continue Reading...

November 18, 2019

The myth of the young entrepreneur

Jeffrey Tucker wrote a good piece at The American Institute for Economic Research. It is an important reminder about how hard business is and how the idea that most entrepreneurs are young is a myth. Continue Reading...

November 14, 2019

The temptation of propaganda

Law & Liberty just published a talk I gave at the Philadelphia Society meeting earlier this year on conservatism and the future of truth. We live in an age of propaganda. Continue Reading...

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