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Economics

Beyond Envy: The Conservative Response to Inequality

| July 17, 2014 | Economics

Beyond Envy: The Conservative Response to Inequality
“Thou shalt not covet…” You’re probably familiar with this commandment. The basic idea is that we are not to greedily wish for the good things of another. A different word for covetousness is envy—a term that is front and center in the conservative response to...
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Tyler Castle
Tyler Castle is the director of AEI's Initiative on Faith & Public Life. He is a graduate of Westmont College and a former John Jay Institute Fellow.

No Really, There Is No Free Lunch

| July 15, 2014 | Economics

No Really, There Is No Free Lunch
In our previous discussion about sunk costs, we said that we ought to consider the sunk costs compared to the future value and the opportunity costs. This process is essential to helping us be good stewards of our resources. While we discussed future value a bit, we...
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Jacqueline Isaacs
Jacqueline Isaacs is the Director of Strategy for Bellwether Communications, where she crafts content strategies for thought leaders.

Sunk Costs: When It’s OK to Walk Away

| July 10, 2014 | Economics

Sunk Costs: When It’s OK to Walk Away
Don’t be wasteful. Recycle. Eat all the food off your plate because there are starving kids in Africa who wish they had that food. All our lives we have been taught to be good stewards of our resources—specifically, by not being wasteful. Generally speaking, this is a...
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Jacqueline Isaacs
Jacqueline Isaacs is the Director of Strategy for Bellwether Communications, where she crafts content strategies for thought leaders.