Latest Posts

August 09, 2018

The financial crisis is over, but markets still need moral attention

With the financial crisis nearly a decade behind us, and with the latest figures showing 4.1 percent economic growth, the economic woes of yesteryear feel increasingly distant in our past. Even still, it’s hard to avoid the sense that something remains amiss—that beneath the material successes and encouraging metrics about unemployment rates and Gross Domestic Product, our society continues to lack the moral fabric necessary for sustained and holistic economic flourishing. Continue Reading...
August 09, 2018

How to increase the economic knowledge of Americans

Imagine you receive an email from the Secretary of Education saying that you’ve been randomly selected for a test pilot program. In an attempt to democratize the educational system, 20 citizens have been selected to develop a curriculum that will be added as a graduation requirement for every high school student in America. Continue Reading...
August 07, 2018

Socialism dehumanizes the poor…and socialists: Socialist leader

Socialism claims that its collectivist economic plans “put people first.” But even the philosophy behind socialism dehumanizes everyone involved – according to one of the foremost socialist leaders. Marxism is rooted in the concept of dialectical materialism, the pseudo-scientific assertion that the endless churning of class conflict between the rich (bourgeoisie) and the poor (proletariat) eventually produces a worker’s paradise. Continue Reading...
August 07, 2018

What do banks do?

Note: This is post #88 in a weekly video series on basic economics. Borrowing and saving plays an essential role in our economy, and banks often serve as their primary link. Continue Reading...