Economics

Saint John Henry Newman, Sacramental Economist

By |2019-10-13T09:17:15-05:00October 12th, 2019|Categories: American Republic, Catholicism, Christianity, David Deavel, Economics, Senior Contributors, St. John Henry Newman, Virtue|

John Henry Newman wished people to flee from the love of money, but he didn’t wish them to stop making it. He wished them to flee similarly from love of erudition for its own sake, but he didn’t want them to stop loving the Lord with mind as well as heart, soul, and strength. [...]

Matthew Peterson’s Not-So-Modest Proposal on Student Debt

By |2019-10-07T23:25:08-05:00October 6th, 2019|Categories: David Deavel, Economics, Education, Politics, Senior Contributors|

Everybody agrees student loan debt is a large problem. In the United States approximately $1.5 trillion is currently owed by around 45 million people at an average of over $32,000 per borrower. While relatively few borrowers owe more than $75,000, that relatively few includes over 4 million people. Another 24 million borrowers owe more [...]

How Much Exactly Do I Have to Render Unto Caesar?

By |2019-09-30T02:13:44-05:00September 29th, 2019|Categories: American Republic, Christian Living, Christianity, David Deavel, Economics, Senior Contributors, Taxes|

While there is a good deal of cant about how paying higher taxes is “patriotic,” most people instinctively recoil from taxes and don’t hesitate to avoid paying any more than they have to. So, is taxation moral? Or is it, as some libertarian thinkers would have it, simply “theft”? How much ought I to [...]

Sacrificial Love and Heroic Prudence

By |2019-09-15T22:05:14-05:00September 15th, 2019|Categories: American Republic, Character, David Deavel, Economics, Morality, Senior Contributors, Virtue|

Prudence takes into account a deeper wisdom about the human condition than can be gleaned from a simple cost-benefit analysis. It understands that human communities are not merely about justice and the Gross Domestic Product, but about love. And sacrificial love doesn’t hesitate to rush in even against the worst odds. Last week I [...]

“Factory”

By |2019-09-10T23:30:57-05:00September 2nd, 2019|Categories: Bruce Springsteen, Labor/Work, Music|

Early in the morning factory whistle blows Man rises from bed and puts on his clothes Man takes his lunch, walks out in the morning light It's the working, the working, just the working life Through the mansions of fear, through the mansions of pain I see my daddy walking through them factory gates in [...]

Business Is a Many Splendored Thing

By |2019-09-02T10:20:27-05:00August 27th, 2019|Categories: American Republic, David Deavel, Economics, Labor/Work, Senior Contributors|

In order to avoid socialism, we need to embrace a true vision of what business is for; CEOs and shareholders should be thinking about their businesses as having deeper, human ends. While businesses aren’t charities, they require justice and charity in those who own and direct them. A couple years ago at a conference [...]

Fire Extinguishers at the Economic and Environmental Flood

By |2019-08-20T22:49:54-05:00August 20th, 2019|Categories: American Republic, David Deavel, Economics, Environmentalism, Modernity|

The real problem in the modern world is not that there are too many babies, but too few. In the end, both economics and environmentalism depend upon people. Money and the earth are made for man, and not man for money and the earth. The fashionable mindset among celebrities, royals, and too many ordinary [...]

The First World War Economy & the Rise of American Power

By |2019-08-11T23:28:44-05:00August 11th, 2019|Categories: American Republic, Economics, History, Mark Malvasi, Senior Contributors, War, World War I|

The architects of the Great War set the world on the path to self-destruction. Although the worst has not taken place, the world still treads along the same perilous course. For human beings have yet to devise a sure way of imposing rational limits on irrational acts of violence. I. The Progressives could not [...]

On Writing, Economics, and Writing About Economics

By |2019-08-08T10:08:11-05:00August 6th, 2019|Categories: American Republic, David Deavel, Economics, Senior Contributors, Wisdom|

Economics is one of the necessary tools that call forth the creativity and cooperation in us—aspects of our being made in the image of God. The science of the economic sphere is most interesting to the imaginative conservative when its methods and truths are applied not as ends in themselves, but as means toward [...]