The most important economic chart in Western civilization

James Pethokoukis of AEI says this is the most important economic chart in Western civilization. I completely agree. The concept is so important that no student should receive a passing grade in any economics class—whether in high school or college—unless they can explain why economic growth matters (ideally, every educated Christian would be able to do so too since it has theological implications). Continue Reading...

Three fallacies behind population control

One of the constant refrains in economic development—and now environment issues—is the topic of population control.   Evidence notwithstanding, the claim that population causes poverty and that the planet is facing a population explosion is taught as settled science—even in the face of serious population decline in some countries. Continue Reading...

Ignoring the invisible

I have been thinking a lot about all of the invisible things around us, important foundational things that we take for granted.  Because they don’t immediately manifest themselves to our attention we can forget about them if we are not careful. Continue Reading...

Edmund Burke believed in trade liberalization

Whenever the conservative movement loses its way, says Samuel Gregg in an article for Law & Liberty, it’s only a matter of time before some turn for guidance to the figure most associated with modern Anglo-American conservatism’s emergence—Edmund Burke. Continue Reading...

The cultural mandate and the final frontier

“Space,” proclaimed the memorable opening to the original Star Trek series, is “the final frontier.” The image of the frontier, and its historic importance to Americans especially, has been part of our national discourse since at least historian Frederick J. Continue Reading...

Europe is (again) in economic trouble

With some Americans wondering whether the United States is headed for a recession, it’s worth looking across the Atlantic to see what is happening to the economies of Western Europe. Alas, there are many indicators that much of the old continent is headed, yet again, for a significant economic slide. Continue Reading...