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 narrower [...]

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 the [...]

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 his [...]

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 “compassionate [...]

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 may [...]

Hayek’s The Road to Serfdom: Fifty Years Later

By |2019-07-18T15:52:46-05:00August 27th, 2012|Categories: Books, Economics, Friedrich Hayek, Political Economy, Ralph Ancil, Wilhelm Roepke|

Introduction Mark Twain tells us in his book Tom Sawyer that when Tom was punished by having to whitewash his Aunt Polly’s fence, he tried, as was his custom, to shirk the obligation. By making the work look fun, however, he interested the other boys in painting the fence. After arousing their interest, he still [...]

Humanitas and the Limits to the Free Market

By |2014-01-31T11:38:30-06:00August 15th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

The essence of humaneness is limits which themselves reflect the hierarchy of enduring values. Humaneness in public affairs is characterized by the recognition and application of proportion and balance to the various needs of mankind. Often, though, decisions are made on the basis of a single principle adhered to regardless of other principles. In this [...]

Economy and Transcendence: Laissez-faire and the Nature of the Market

By |2014-05-30T17:55:39-05:00July 31st, 2012|Categories: Economics, Political Economy, Ralph Ancil, Traditional Conservatives and Libertarians, Wilhelm Roepke|

In this paper I argue one cannot be a Christian and libertarian with any pretense of consistency. The argument comes in three major parts: the theological, the logical and the historical. The theological argument identifies and examines the significance of the concept of transcendence underlying three major social encyclicals that deal with economic matters, Rerum [...]

Wilhelm Roepke: Public Good vs. Public Choice

By |2017-07-28T23:04:26-05:00July 19th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

With the present cancer of decay infect­ing the body politic, a virulence so debilitating that it induces complacency in the face of not only flagrantly unconstitutional acts of the national government but even of murder, it is an under­statement to say that the “com­mon good” is threat­ened. To deny, in the face of angular reality [...]

The Ideal Economy of Wilhelm Roepke

By |2020-02-28T14:59:49-06:00July 6th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

Wilhelm Roepke’s vision of economic and social order while offering us a “third way” forces us to choose between the path of pragmatism and pluralism on the one side, and that of loyalty to ideals that transcend the material and the utilitarian on the other side—between a capitalistic economy of fragmented special interests, technologism, and [...]

The Legacy of Wilhelm Roepke: Essays in Political Economy

By |2016-12-30T14:25:52-06:00June 28th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

[This essay serves as the introduction to The Legacy of Wilhelm Roepke: Essays in Political Economy series by Dr. Ancil that we will be publishing on The Imaginative Conservative. The essay was originally published in 1998.] Most folks missed an important date: June 20th, which marked the fiftieth anniversary of the “German economic miracle.” It [...]

The Third Way: Wilhelm Roepke’s Vision of Social Order

By |2021-10-09T15:25:29-05:00May 15th, 2012|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|Tags: |

Wilhelm Roepke endeavored to weave together a new view that would preserve the best of the past and the present; a vision of order which eschewed the extremes of both laissez-faire capitalism and collectivist socialism. He sought an entirely different view, a third way, which combined economic freedom with humane factors sculpted to fit the [...]

Röpke’s Conundrums Over the Natural Family

By |2014-02-03T10:50:26-06:00January 21st, 2012|Categories: Economics, Political Economy, Wilhelm Roepke|Tags: , |

Wilhelm Röpke was an unusual free-market economist working in a difficult time. I believe that we should see him, first of all, as a product of 1914, the year which launched what he called “the devastation on so gigantic a scale to which mankind, then having gone mad, dedicated itself.” Mustered to war as a [...]

Economics: “The Not-So-Dismal Science”?

By |2017-07-10T15:12:46-05:00April 14th, 2011|Categories: Economics, Political Economy, Wilhelm Roepke|

The title of this essay takes its name, in part, from a speech that William McGurn delivered recently at Hillsdale College. Mr. McGurn served as the chief speechwriter for President George W. Bush from 2006-2008 and is currently the vice president of News Corporation. In his speech, Mr. McGurn sought to look at the claim [...]

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