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...

A polite rebuke of Pope Francis’ economic confusion

Review of Pope Francis and the Caring Society, edited by Robert M. Whaples; The Independent Institute, Oakland, CA; 2017, 234 pp. Having toiled in the free-market research universe for nearly two decades, perhaps the most common misperception I’ve encountered is “whataboutism.” Readers know of which I write: “What about BP and Deepwater Horizon?” or “What about Enron?” and, perhaps most stridently, “What about the mortgage-lending industry’s complicity in causing the Great Recession?” When this rhetorical strafing fails, there’s always the “What about the poor?” and the “What about the environment?” macro-strategies. Continue Reading...

What would life be like without free enterprise?

The Fund for American Studies has a superb It’s a Wonderful Life-style video about life without capitalism. The video not only shows what life would be like if we banned free enterprise (i.e., a lot like Soviet Russia) but also makes the point that when you lose economic freedom you lose other freedoms too. Continue Reading...

Pope, Patriarch need theology of civilization

Today at Public Orthodoxy, I examine the recent claim of Pope Francis and Ecumenical Patriarch Bartholomew that The human environment and the natural environment are deteriorating together, and this deterioration of the planet weighs upon the most vulnerable of its people. Continue Reading...

The anti-capitalist roots of American anti-Semitism

Over the past week Americans have been debating the removal of Confederate statues from our public spaces. The discussion was prompted by the white nationalist protest in Charlottesville, Virginia that was supposedly in response to the plan to take down the statue of Confederate general Robert E. Continue Reading...

Can health care be left to the free market?

In one of the worst opinion pieces published in the New York Times in recent memory, Farzon A. Nahvi, an emergency medicine physician, argues the free market cannot provide health care because some patients arrive at the hospital unconscious: As an emergency medicine physician in a busy urban hospital, I have patients brought to me unconscious several times a day. Continue Reading...

Reining in the EPA’s regulatory overreach

President Donald Trump turned heads and drew criticisms for his efforts to curb the regulatory reach of the Environmental Protection Agency. With the appointment of Scott Pruitt to lead the agency, Trump has vowed to create a leaner bureaucracy by requiring agencies to repeal two regulations for each new regulation enacted. Continue Reading...