Labor Day weekend is coming early this year, which means the summer is beginning to wind down. While the holiday offers many a three-day weekend off of work,...
As a Christian working in the Bitcoin industry, I regularly field responses from Christians trying to wrap their heads around something that, for many, seems to be much...
Earlier this summer, our friends at Common Good Magazine published an article offering “5 Ways to Practice Economic Wisdom,” with practical suggestions like saving money and supporting local...
Scarcity constrains us, but there is a path toward greater abundance. Let’s illustrate a powerful idea with just a little arithmetic. Suppose that in a day’s time, Peter...
When Forbes editor Steve Forbes calls a book “one of the most important … in decades defending capitalism,” it’s time to sit up and take notice. Rainer Zitelmann’s...
I remember the first time I saw real poverty. It was the early 1970s, so I would have been seven or eight years old. Flipping through a copy...
Previously, we considered economic efficiency—the practice that explores how well (or poorly) a market economy uses its available resources to maximize gains and minimize waste—and whether it can...
Efficiency is an important topic in economics. Broadly defined, economic efficiency describes how well (or poorly) an economy uses its available resources to maximize gains and minimize waste....
In my previous blog posts, I have explained two important principles Christians have used in fighting poverty: the voluntary principle and the market. We looked at the stories...
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