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 [...]

Decadence, Free Trade, & Mercantilism

By |2019-07-23T13:06:08-05:00February 11th, 2017|Categories: Economics, Political Economy, Ralph Ancil, Wilhelm Roepke|

That boredom, sexual perversion, consumerism, and the general malaise of the West are to a great extent the fruits of past economic growth is long record­ed… “Conquest or superiority among other powers is not, or ought not ever to be, the object of republican systems.” —Charles Pinckney of South Carolina The Rise of Neo-Mercantilism. [...]

The False God of Economic Growth

By |2020-01-14T11:42:36-06:00May 23rd, 2015|Categories: Economics, Featured, Political Economy, Ralph Ancil, Wilhelm Roepke|

Let us be clear on one point: the usual defenders of the free market—the Friedmans, Hayeks and Mises—are not primarily concerned with private property or liberty. They are firstly concerned with economic growth which mainly means continuous economic, technical and social change. For example, when airplanes became popular, air travel would have been very [...]

Roepke and von Mises: The Difference

By |2019-07-18T11:08:48-05:00April 25th, 2015|Categories: Economics, Ludwig von Mises, Political Economy, Ralph Ancil, Wilhelm Roepke|

Some writers link the names of Ludwig von Mises and Wilhelm Roepke as if there were no important differences between them. Roepke is co-opted into the camp of more or less libertarian thinkers whose position is further enhanced by whatever weight or prestige his name may give. Since Roepke was an Austrian economist and [...]

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 [...]

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 |2016-12-30T09:51:12-06:00March 24th, 2013|Categories: Economics, Liberal, Political Economy, Ralph Ancil, Wilhelm Roepke|

Wilhelm Roepke 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” properly understood. It means balanced respect for all the spheres of human personality and activity, multiplicities that can only [...]

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 [...]

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 [...]

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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