Does Social Justice Allow Inequality?

Many Christians over many years have been beguiled by the Religious Left’s use of the term “social justice.” This is because Christians rightly love justice and hate injustice. But “social justice”—or, at least, how it’s often used by liberal Christians—isn’t… Read More

Christian Charity: Social Justice and the Good Samaritan

Charity—a loving spirit concretely expressed in unselfish good deeds to one’s fellow man—is a primary Christian duty. Nobody who has read the New Testament can come to any other conclusion.
In his parable of the good Samaritan (Luke 10:30-37), Jesus… Read More

God, Socialism, and the Free Market

Dr. Paul Kengor: Dr. Shawn Ritenour, before we get into more detailed questions, give us a synopsis of your book and your motivation for writing it.
Dr. Shawn Ritenour: “Foundations of Economics” is an introduction to economic principles, showing there… Read More

Credit Culture: Incentivizing Greed and Irresponsibility

On February 22, 2010, nine months after President Obama signed the legislation, new credit card rules designed to protect consumers from the unscrupulous and manipulative tactics of credit card companies went into effect.  The legislative momentum that led to the… Read More

Die Hard — The Welfare State

No, that’s not the new Bruce Willis movie. That’s the spectacle we’re witnessing now of general strikes in Greece in response to proposed austerity measures designed to keep the country from the fiscal abyss — and maybe dragging down other… Read More

Joseph E. Stiglitz: An Economist in Freefall

A rare growth industry following the 2008 financial crisis has been financial crisis commentaries. An apparently endless stream of books and articles from assorted pundits and scholars continues to explain what went wrong and how to fix our present problems.… Read More

Book Review: Econoclasts

Brian Domitrovic, assistant professor of history at Sam Houston State University, has written an important book. Econoclasts is the first in-depth history of “supply-side economics,” the intellectual movement that laid the foundation for the tax-cut and sound-money policies of the… Read More

Bernanke Bad for Limited Government and the Little Guy

This week’s reappointment vote for Fed Chairman Ben Bernanke has created some strange bedfellows in Washington. A muddled middle of Republicans and Democrats supports the Keynesian’s reappointment, but the real odd couples are among the opposition. For different if overlapping… Read More

From the Lead Frying Pan into the Toxic Fire

In late December RC2 Corp., the Oak Brook, Ill.-based maker of Thomas & Friends Wood Railway toys, agreed to pay a $1.25 million civil penalty for allegedly violating a federal lead paint ban in 2007. The violations resulted in a… Read More

Combating Recessions: The Search for the Right Macroeconomic Policy

What should governments do to combat recessions? In the United States, before the Great Depression of the 1930s, the answer was “very little.” Of course, the federal government was much smaller then compared to the size of the private sector,… Read More

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