There are three misconceptions about profits that arise in most conversations I have with people about businesses seeking profit: 1. Businesses seeking profit codifies greed and encourages corruption....
Providing relevant news, analysis, and opinion on all things faith, work, and economics. How You Can Teach Your Kids Basic Economics: “It’s true that few people enjoyed economics...
Editor’s Note: The Institute for Faith, Work & Economics released a new research report entitled, “Why Does Income Inequality Exist? An Economic and Biblical Explanation” by Dr. Anne...
At the Institute for Faith, Work & Economics, we think it is imperative for Christians to understand principles of economics if they are going to embrace the holistic...
Stewardship forces us to think like economists. We must look past our hopes and good feelings when making decisions in the public and private spheres. We need to...
Choice is full of uncertainty. Every time we make a choice we are making a bet over a particular set of outcomes which we can predict. Sometimes we...
“What we want is not more little books about Christianity, but more little books by Christians on other subjects–with their Christianity latent.” ― C.S. Lewis Ed. Note: This...
All this talk we have been doing on economic principles allows us to consider “the economy” in an entirely new light. We now know that the broad and...
We have talked about the economic concept of comparative advantage and that ultimately we are better stewards of our gifts, strengths and resources when we hone in on...
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