Latest Posts

August 22, 2018

Democrats are now more positive about socialism than capitalism

The News: According to a new Gallup survey, a majority of Democrats have a more positive image of socialism than of capitalism. The Background: Since 2010 Gallup has asked Democrats and Republicans whether they have a positive or negative image of small business, entrepreneurs, free enterprise, capitalism, big business, the federal government, and socialism. Continue Reading...
August 21, 2018

What do bond markets do?

Note: This is post #90 in a weekly video series on basic economics. Most borrowers, such as individuals and small businesses, borrow through banks. But larger institutions can also borrow from a different financial intermediary: the bond market. Continue Reading...
August 21, 2018

The Prague Spring: An Eastern European perspective

The Soviet invasion of Czechoslovakia began in earnest 50 years ago today, with the intention to destroy the blooming “Prague Spring.” But today, the truths that invasion revealed have been lost, both in the West and among many young people in the Czech Republic and Slovakia. Continue Reading...
August 20, 2018

The first axiom of Christian economics

Note: This article is part of the ‘Principles Project,’ a list of principles, axioms, and beliefs that undergird a Christian view of economics, liberty, and virtue. Click here to read the introduction and other posts in this series. Continue Reading...