Give Reagan a Rest

Conservatives have a chance to make the country more productive and work-friendly. But they can also throw this chance away by marinating in a politics of high-earner self-interest that ignores or openly resents the rest of the population—which wouldn’t be anything new for them. Continue Reading »

Entrepreneurial State

Mariana Mazzucato argues in The Entrepreneurial Statethat government financing and research has been crucial to the technology booms of recent decades. Jeff Madrick summarizes part of her argument in his NYRB review:“private firms often invest after innovations have already come a . . . . Continue Reading »

The Miserable Science Meets the Divine Science

On April 3–4, the Lumen Christi Institute at the University of Chicago held its sixth annual conference on economics and Catholic social thought. These conferences bring together high-powered economists with bishops and archbishops and theologians for a day-and-a-half of presentations and . . . . Continue Reading »

The Economics of Genesis

I’m trying to understand why God’s word to the woman in Genesis 3:16 connects “your desire shall be for your husband” with “he shall rule over you.” The meaning of the connection becomes clearer as we look ahead to the narrative continuation of Genesis and its patriarchal households. . . . . Continue Reading »

Diversional Welfare State

In a 1987 essay in The Review of Politics, Glenn Tinder draws on Pascal, and Tocqueville, to describe what he calls the “diversional welfare state.” By that he means that the welfare state distracts us from what is truly important - God: “the welfare state of today may be . . . . Continue Reading »

Welfare Slavery

Gombis ( The Drama of Ephesians: Participating in the Triumph of God , 51-2)illustrates the way powers work by transcending individual choice and creating enslaving institutions by describing a discovery that he and his wife made when they began to work with the urban poor. Why do people remain in . . . . Continue Reading »

Gospel to the Poor

Francis’s exhortation has gotten attention from the press mainly because of its economic observations. But the starting point for those observations is evangelical: “To whom should she go first? When we read the Gospel we find a clear indication: not so much our friends and wealthy . . . . Continue Reading »