Baptists and Wesleyans on Faith and Flourishing

In the latest issue of Faith and Economics, a bi-annual journal from the Association of Christian Economists, Dr. Robert Black reviews two of CLP’s four tradition-specific primers on faith, work, and economics: Chad Brand’s Flourishing Faith (from a Baptist perspective), and David Wright’s How God Makes the World a Better Place (from a Wesleyan perspective). Continue Reading...

Ex-Im Bank and the Unseen Costs of Political Privilege

With its authorization charter expiring at the end of September, the U.S. Export-Import Bank has come under increased scrutiny from rabble-rousers and the hum-drum alike. An otherwise obscure fixture in the grand scheme of federal-government corporatism, Ex-Im finances and insures (i.e. Continue Reading...

David Brat’s Religious Virtues

In a piece today for the NYT Magazine, economics reporter Binyamin Appelbaum examines David Brat’s fusion of faith and free-market economics. Appelbaum finds that mixture problematic, to say the least, but it’s hard to sort out whether it is the religious faith or the free-market sympathies that Appelbaum finds more troubling. Continue Reading...

Reclaiming the Honor of Craftsmanship

As economic prosperity has increased, and as the American economy has transitioned from agrarian to industrial to information-driven, manual labor has been increasingly cast down in the popular imagination. When our youth navigate and graduate from high school, they receive pressure from all directions to excel in particular areas and attend a four-year college, typically in pursuit of “white-collar” work. Continue Reading...

The Economic Legacy of World War I

The Great War began 100 years ago last week. From an economic perspective (from Pulitzer Prize economist Liaquat Ahamed) the European nations paid for WWI not with taxes, but with massive debts financed largely by America. Continue Reading...