Money & Economics

Britain, “Austerity,” and the Lessons of Economic History

by Kyle Latham May 18, 2012

Economists and pundits alike are going wild over the United Kingdom’s recent “double dip” recession. The 2008-09 recession prompted the election of a conservative coalition led by Prime Minister David Cameron. Cameron decided the best path for economic recovery was…

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Capitalist=Seriously, Nobody Likes You

by Emily Zanotti May 17, 2012

Capitalism has received an astonishingly bad rap this week. Let’s review the facts.
First, the Washington Examiner uncovered a prepared presentation to the House Democratic caucus and staff that details their new rhetorical strategy: If you argue for free-market solutions,…

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An Economic Sword of Damocles

by Alfred A. Lagan May 16, 2012

The tale of Damocles refers to a mythical courtier to Dionysius, king of Sicily, in the fourth century BC. Damocles flattered the king for his great fortune in being surrounded by such obvious luxury and magnificence. Dionysius offered to switch…

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Yo-Yo Economics?

by Mark W. Hendrickson May 9, 2012

President Obama recently referred to free-market economics as “you’re-on-your-own economics.” It’s a catchy phrase—rhythmic, alliterative, clever. Too bad it’s bunk.
The only genuine “you’re on your own economics”—let’s call it “yo-yo economics,” for short—is known as “Robinson Crusoe economics.” It…

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Catholic Jobs

by CE Editor May 8, 2012

Editor’s Note: In light of the fact that unemployment is still holding at about 8.2%, we thought it might be good to pass on the following notice from Tim Harrison at CatholicJobs.com. And, at the risk of seeming paranoid, we…

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The Power of Faith in Business

by Andreas Widmer April 25, 2012

Pope John Paul II’s thought is well known in certain circles that deal with his Theology of the Body, or the New Evangelization, implementation of Vatican II or his loving approach to Judaism. But very little is written about how…

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A Federally Legislated Train Wreck

by Alfred A. Lagan March 15, 2012

The news media reported that twenty six more states have asked to be released from the requirements of the No Child Left Behind Act, on top of the eleven states which have already been granted waivers. The states have been…

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Tax Avalanche!

by Alfred A. Lagan March 13, 2012

President Obama’s proposed budget is unique in at least one respect: it calls for the largest tax increases in U.S. history. At least ten separate tax increases are included in the document, estimated by the Treasury Department to raise $1.7…

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Is Amazon the New Walmart?

by Devin Rose February 24, 2012

I remember how excited our town was when we found out that we were going to be getting a Walmart. Big selection, cheap prices: good times were coming. And they came.
Walmart drove out the smaller stores, who couldn’t compete…

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Dave Ramsey Hates Bankruptcy, Part 2

by Joe Fulwiler February 15, 2012

Editor’s Note: The following is the second and final installment in a two-part essay. If you missed Part 1, please go here.
4. One reason Dave Ramsey has become so successful is that he has explored the spiritual component of…

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