Economics

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 [...]

The Intellectual Revolution That Made the Modern World

By |2019-07-19T17:20:55-05:00July 19th, 2019|Categories: Adam Smith, Books, Economics, History, Morality, Philosophy|

The Enlightenment may well be the end of an old story rather than the beginning of a new one. The philosophy of insatiable appetites changed the Christian-Aristotelian moral order into the modern world, but now that the change is just about complete, what purpose does its catalyst serve? Power, Pleasure, and Profit: Insatiable Appetites [...]

The Un-Burkean Economic Policy of Edmund Burke

By |2019-06-17T10:55:49-05:00June 16th, 2019|Categories: Adam Smith, Economics, Edmund Burke, Ralph Ancil, Wilhelm Roepke|

Edmund Burke allowed his fear of the French Revolution to cloud his judgment of a fitting response to the needs of agricultural workers. He was blind to the dangers of monopoly and concentration of economic power, to the possible ways of intervening that conform to the character of a market economy. “The mistakes which [...]

Was G.K. Chesterton a Socialist?

By |2019-09-02T11:22:59-05:00May 25th, 2019|Categories: Distributism, Economics, G.K. Chesterton, Joseph Pearce, Senior Contributors, Socialism|

G.K. Chesterton’s ideas concerning government intervention in the economy have led some to believe that he may have been a socialist. They argue that the political creed of distributism, which Chesterton advocated, would involve the coercive redistribution of wealth. But are these critics right in their characterization of Chesterton’s ideas? One of the weirdest [...]

John Randolph of Roanoke & the Formation of a Southern Conservatism

By |2019-05-23T22:19:37-05:00May 23rd, 2019|Categories: American Founding, Civil Society, Conservatism, Economics, History, John Randolph of Roanoke, South|

John Randolph of Roanoke, one of the great exponents of the Southern political tradition, knew that what was proper to any state government was the preservation of the received order. The duty of the citizen of the commonwealth was to resist any legislative or constitutional changes to the received order, and to grant a [...]