Tag: Economic Thinking

Americans just received an unwelcome crash course in the importance of sound money. Inflation surged in 2021, eventually reaching a 40-year high of nine percent in 2022. Small...

For the past several years, a steady stream of headlines has warned that artificial intelligence will eliminate jobs. Students regularly ask whether entire professions might soon disappear. A...

Free market economics. Keynesian economics. Austrian economics. Marxist economics. Conservative economics. There are about as many flavors of economics as there are economists, perhaps more. What Americans need...

You’ve probably heard economists speak of the “invisible hand.” This term comes from economist Adam Smith’s famous work, “The Wealth of Nations,” which is also celebrating its 250th...

Most Americans may not know that the Federal Reserve wasn’t created to conduct monetary policy, unless they have a special interest in macroeconomics. In fact, the Federal Reserve...

In Universal Economics, Armen Alchian and William Allen state, “Since the discouraging fiasco in the Garden of Eden, all the world has been a place conspicuous in its...

This summer, I stopped by my local farmers’ market and bought a small bag of chanterelle mushrooms from a vendor who sells foraged food. He seemed knowledgeable and...

No one in the Ancient Near East exceeded King Solomon’s wisdom. The people of Israel were in awe of their king’s godly insight (1 Kgs. 3:28), and his...

Today, Christian leaders from political, cultural, business, and theological sectors have come together with IFC’s partner organization, the Institute for Faith, Work & Economics (IFWE), and The Washington...

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