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DeGaulle vs. Nixon: Nixon wins the Battle; DeGaulle Wins the War

For a very long time, the United States has pursued a policy of printing more dollars regardless of the long-term economic consequence. This inflation of the U.S. money supply gradually decreases the...

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What about the “Rights of the Poor”? (Part 1 of 3)

Last fall, I came across a blog post on Matthew Tuininga’s blog “Christian in America” titled “Does the Christian tradition agree that property rights trump the rights of the poor?” Tuininga disagrees...

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The “Rights of the Poor” and John Calvin (Part 2 of 3)

In an earlier post, I discussed Matthew Tuininga’s complaint that libertarian-style arguments on taxes are not consistent with the Christian tradition. Tuininga tries to show that Ambrose, Augustine,...

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The “Rights of the Poor,” Justice, and Protection (Part 3 of 3)

In two earlier posts (Part 1 and Part 2), I addressed concerns about the libertarian view that taxation for the purpose of transferring wealth to the poor is equivalent to theft. I’m looking at Matthew...

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You Can Teach Basic Economics to Your Kids: A 5-Part Guide (Part 1)

When people ask what I do, I confess that I teach economics. They often respond with a comment about how awful or difficult their high school or college economics classes were. It’s true that few...

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Do Minimum Wage Laws Help the Poor or the Economy?

No, on both counts. Our labor is a service. Its value is determined neither by law nor by wish but by the market. All of us, I suspect, would love to be paid $1,000 an hour. Given that all of us would...

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You Can Teach Basic Economics to Your Kids: A 5-Part Guide (Part 2)

In this five-part guide, I’m providing some help for parents who want to teach their children basic economics, but aren’t sure where to begin. In each part, I provide a small set of accessible...

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What is Sequestration?

A mirage, wrapped in propaganda, surrounded by demagogues.  It is Chicken Little running around crying out that the end is near because she stubbed her toe, while the sky was actually falling. It is...

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You Can Teach Basic Economics to Your Kids: Part 3

In this 5-part guide, I’m providing help for parents who want their children to understand economics better, but don’t know where to start. Prior posts include: Part 1: Scarcity and Stewardship and...

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The Poor, Economic Policy, and Christian Ethics

There never seems to be a shortage in calls for government intervention in the economy to help alleviate poverty. Increasingly, such proposals are being floated by the Christian Left who identify...

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