How not to think clearly on faith and economics

Mark Labberton, President of Fuller Seminary, recently addressed a meeting of Evangelical leaders held at Wheaton College and has released a reconstruction of his remarks. It is an interesting address which spends four paragraphs explicitly addressing questions of economics and economic policy. Continue Reading...

Victor Claar on Christian economics

Is there a Christian view of economics? If so, what makes the economic approach different for the Christian? Dr. Victor Claar joined the recent edition of the Christian Libertarian podcast to talk about those issues. Continue Reading...

Is economics an ideology?

Richard H. Spady, research professor of Economics at Johns Hopkins, has recently published a piece at First Things entitled ‘Economics as Ideology’ in which he explores some contemporary trends among economists and their use of economics as a Procrustean bed to reshape society in its own image, A body of thought is “ideological” when it will­fully projects its own first principles on its subject matter and actively seeks, perhaps unconsciously, material changes to bring social realities into conformity with these first principles. Continue Reading...

Remember the intangibles: A caution to the 21st-century economist

Today’s economists have no shortage of confidence, offering models and measurements aplenty. But are the tools of the field keeping pace with the actual forces and factors at work? “The combination of economics with statistics in a complex world promises a lot more than it delivers,” economist Russ Roberts recently wrote. Continue Reading...

Is there a connection between opioid use and unemployment?

  For the past several years the U.S. has been undergoing an opioid epidemic. Opioids are drugs, whether illegal or prescription, that reduce the intensity of pain signals reaching the brain and affect those brain areas controlling emotion, which diminishes the effects of a painful stimulus. Continue Reading...