Taming the Beast of Economics and Trade

By |2019-07-23T14:02:23-05:00April 10th, 2015|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

Wilhelm Roepke The brass mouth trumpeting the virtues of the General Agreement on Tariffs and Trade (GATT) is Ben Wattenburg. His views display the kind of thick-headedness that Wilhelm Roepke fought against so valiantly. What’s this impenetrable cloud made of that compels him and his kind to stumble along like the proverbial [...]

Let’s Get Back to Robbing Peter: The Welfare State and Demographic Decline

By |2014-10-17T23:54:18-05:00October 18th, 2014|Categories: Economics, Wilhelm Roepke|

The German economist Wilhelm Röpke, commenting on the expansion of European welfare states in 1958, wrote, “To let someone else foot the bill is, in fact, the general characteristic of the welfare state and, on closer inspection, its very essence.” While he did not argue that, therefore, such state assistance should in all cases [...]

A Humane Economy versus Economism

By |2019-07-18T12:11:09-05:00September 5th, 2014|Categories: Economics, Featured, Politics, Ralph Ancil, Richard Weaver, Wilhelm Roepke|

Introduction Contributing to the multi-faceted crisis Americans now face is the loss of those values and principles that are essential to a healthy economy. We could mention the incestuous relationships between business and politics, the avarice of large banking institutions, misguided Federal Reserve policy, the irrationality of Wall Street investors, and the Gordon Gekko [...]

“The Struggle against Scarcity:” Arthur Lovejoy and Wilhelm Roepke

By |2019-09-12T13:52:11-05:00December 28th, 2013|Categories: 21st Amendment, Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

During World War II, philosopher Arthur Lovejoy tried to explain the reasons for the international crisis and the totalitarianism in Germany. According to his view, the roots of the trouble could be found in the German Romantic period which ranged approxi­mately between the years 1780 to 1830. During this time certain relatively new ideas [...]

Globalization Versus the Humane Economy

By |2016-01-16T12:52:34-06:00September 2nd, 2013|Categories: Economics, Featured, Political Economy, Ralph Ancil, Wilhelm Roepke|

In educating for democracy, we must also educate for economy. This follows from the fundamen­tal truth that government and economy have an indivisi­ble relationship. We are not free to mix any form of government with any economic form. In the present context, we will apply this truth to three possible visions of economy: the globalist, [...]

Wilhelm Roepke: German Economist as Southern Neighbor

By |2016-12-30T09:41:14-06:00May 7th, 2013|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

Wilhelm Roepke How can a German economist be called a Southerner? Obviously not geographically but in the important sense that Southern Agrarians came to understand, as a possession of the mind and spirit. That Wilhelm Roepke’s mind and spirit, embodying the best of the German tradition, share significantly in the essential features [...]

Wilhelm Roepke and the Liberal Ideal

By |2020-10-09T14:45:01-05:00March 24th, 2013|Categories: Economics, Liberal, Political Economy, Ralph Ancil, Wilhelm Roepke|

Wilhelm Roepke’s work is an exposition of the essence of Western thought that can be summed up in the word “liberal” properly understood. Much of Wilhelm Roepke’s work can be understood as an exposition of the essence of Western, Occidental thought, a contribution to civilization that can be summed up in the word “liberal” [...]

Economy of the Tao: Wendell Berry & Economic Health

By |2019-07-23T13:05:48-05:00December 30th, 2012|Categories: Agrarianism, Economics, Featured, Political Economy, Ralph Ancil, Wendell Berry, Wilhelm Roepke|

Berry’s economic program, what he calls the “little economy,” is a smaller wheel in the larger motion of the “Great Economy.” To understand the former, it is vital to grasp the latter. In the following, then, Berry’s vision of the broader drama of human action is set forth, followed by a presentation of his [...]

Economics Pasha Robert Solow is in a Time Warp

By |2014-01-13T14:52:13-06:00November 30th, 2012|Categories: Brian Domitrovic, Economics, Keynesian, Political Economy, Wilhelm Roepke|

“There’ll never be another Camelot,” said Mrs. John F. Kennedy forty-nine years ago this week, in the wake of her husband’s assassination in late autumn, 1963. “Camelot,” of Knights of the Round Table fame, was a Broadway hit at the time, and Jackie saw in all the genius advisors surrounding Kennedy another mythical fraternity [...]

Roepke: The Well-Ordered House

By |2019-07-30T15:31:31-05:00November 2nd, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

What constitutes a well-ordered house from the national perspective? How do we know what order it is in? According to the conventional wisdom we need the statistics of aggregate income, spending and output. We need, in other words, the GNP approach whose figures bombard us whenever we read something about the national economy on [...]

Morality and the Free Market System: The Humane Balance

By |2020-01-02T14:19:13-06:00October 21st, 2012|Categories: Economics, Featured, Political Economy, Ralph Ancil, Wilhelm Roepke|

Nikolai Lenin said that when the time came to hang the capitalists, they would trip over each other to sell the communists the necessary rope. One is remind­ed also of the similar case of a Canadian mining firm whose owner in order to keep the business worked with Castro and generously donated money to [...]

Compassion and Self-Interest in a Humane Economy

By |2019-07-18T15:24:38-05:00October 14th, 2012|Categories: Alexis de Tocqueville, Bruce Frohnen, Conservatism, Jean-Jacques Rousseau, Wilhelm Roepke|Tags: |

The phrase “compassionate conservatism” is of recent origin. While any number of politicians have laid claim to it, one thing is certain: it was born of the worry that being labeled a “conservative,” simply, would cause you to be portrayed as lacking in basic human feelings, particularly for the plight of the poor. Thus [...]

Roepke and the Restoration of Property: The Proletarianized Market

By |2019-10-12T00:02:05-05:00October 9th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

In a discussion with another famous conserva­tive, Richard Weaver objected to the view that the solution of our problems lies in following in the foot­steps of “our ancestors.” This was not enough, he argued, for we must ask “Which ancestors?” After all, some were wise while others were foolish. In a similar manner we [...]

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