Last week we began our discussion of transaction costs and why they are important for Christians to understand. Lowering costs associated with our activities when and where we...
Our broader mission at IFWE is to help Christians understand the power of economic thinking as part of whole-life stewardship. We believe that the tools of economics are...
This next installment of our series on the biblical foundations of economic principles touches on a question many Christians wrestle with: should Christians seek wealth and its creation?...
Today’s post explores a key driver of human decision making. We’re going to talk about an economic principle called marginalism. This is a term economists use to describe...
Be very careful, then, how you live—not as unwise but as wise, making the most of every opportunity, because the days are evil. Therefore do not be foolish,...
What exactly are incentives, and why should they be important to Christians? Yesterday we began answering this question by looking at how the Bible treats incentives. Today we’ll...
Why do we do good things? Why do we carry out acts of love and charity? Conversely, why do we make bad decisions, or choose to do evil...
We have spent a lot of time over the last year on our blog talking about some basic economic principles and why they are important for Christians to...
The Adam Smith Institute, in summarizing Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations, wrote this: The first theme in The Wealth of...
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