When economists talk about the free-market economy, they use principles that help explain what may come from certain actions. Their explanations emphasize an element of predictability. But no...
If giving to charity makes you feel good, are your motivations selfish? This question came up at a local IFWE book club meeting last week as we discussed...
Last week we asked whether or not free enterprise is a “win-lose” proposition. This is the myth of the Zero Sum Game, and it’s a myth closely linked...
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...
I continually find it necessary to guard against that natural love of wealth and grandeur which prompts us always, when we come to apply our general doctrine to...
Last week, Elise Amyx detailed some helpful strategies for discerning one’s calling in the context of community. The advice she presented is helpful in identifying your gifts and...
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...
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...
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IFWE’S Midweek Memo – 02.27.13
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...