Latest Posts

October 09, 2018

Listen: The Christian case for capitalism

The Institute of Economic Affairs explores the ethical argument for a free economy – and why Christians are not making it. In the latest episode of its podcast, an Anglican priest and a Catholic scholar discuss that question, as well as Archbishop Justin Welby’s homily against Amazon, Jesus’ supposed condemnation of wealth, and why clergy tend to support government intervention into the economy. Continue Reading...
October 09, 2018

Are you more rational than the market?

Note: This is post #96 in a weekly video series on basic economics. The stock market is prone to certain anomalies. There’s the Monday Effect (where stocks fall more on Mondays), the January Effect (which says that stocks surge higher in that month), and the Momentum Effect (where past stock performance predicts future performance, at least a bit). Continue Reading...
October 08, 2018

Why Columbus is more important than you realize

There is likely no public secular holiday more controversial than Columbus Day. Since the observance first began to be celebrated in the nineteenth century it has been opposed by a diverse rage of groups, from the Ku Klux Klan to the American Indian Movement to the National Council of Churches. Continue Reading...
October 05, 2018

D.C. restaurants fight back: When workers oppose a higher minimum wage

Last June, Washington, D.C. residents voted to pass Initiative 77, a ballot measure that raised the minimum wage for all restaurant workers, including those making tips. Driven by Restaurant Opportunities Centers United (ROC United), the policy was meant to ensure that “that no one has to experience the financial insecurity…that comes with being forced to live off tips.” Continue Reading...