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Economics

Choosing the Best Tool: Mandates as Corrective Policy Instruments in Agriculture

Duncan Voyles | November 16, 2018 | Economics, Environment, Young Scholars

Choosing the Best Tool: Mandates as Corrective Policy Instruments in Agriculture

Agricultural production negatively impacts the environment. Nitrate and pesticide runoff contaminate drinking water. Animal waste causes bacterial contamination. Odor from livestock operations affects nearby residential areas. The list goes on. Despite these negative...

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Duncan Voyles was a 2017-2018 Young Scholar for the Initiative on Faith and Public Life and graduated from Hillsdale College where he majored in applied mathematics and economics.

The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

Emma Nyhof | November 16, 2018 | Economics, Politics, Society, Young Scholars

The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

Standard economic theory relies on the assumption that we make choices rationally. Besides the disagreement surrounding the definition of rationality itself, there is growing evidence that suggests our behavior actually is not always rational. While it seems...

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Emma Nyhof was a 2017-2018 Young Scholar for the Initiative on Faith and Public Life and graduated from Hope College where she majored in economics and psychology.

2018 Values & Capitalism Fall Summit

Faith and Public Life | November 16, 2018 | Economics, Event Highlight, Events, Faith, Favorite Events, Politics, Recent Events

2018 Values & Capitalism Fall Summit

On September 28, 2018, Values & Capitalism hosted its fifth annual Fall Summit at AEI’s headquarters in Washington, DC. Each year, Values & Capitalism brings together around 100 students and professors from schools across the country to hear from leading...

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Capitalism and Human Nature

Faith and Public Life | July 10, 2018 | Economics, Society, Summer Programs

Capitalism and Human Nature

From an early age, I “knew” what everyone seems to know about capitalism: It is great for the rich but not for the poor. In Nicaragua, where I grew up, a negative view of capitalism was the norm. The government’s harsh rhetoric on “imperialist capitalism” painted a...

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<img width="125" height="125" alt="Faith and Public Life" data-src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="125" height="125" alt="Faith and Public Life" data-src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" width="125" height="125" alt="Faith and Public Life" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo" />

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A Tale of Two Cities

Faith and Public Life | July 10, 2018 | Economics, Faith, Global Affairs, Politics, Poverty, Society, Summer Programs

A Tale of Two Cities

The city of Nogales is one of the few settlements that actually straddles the U.S.-Mexico border. In Nogales, Arizona, the average household income is $30,000. There is clean drinking water, the population has access to basic health care, and most children are in...

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<img width="125" height="125" alt="Faith and Public Life" data-src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="125" height="125" alt="Faith and Public Life" data-src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://faithandpubliclife.com/wp-content/uploads/2019/11/Sqaure-Colored-Logo-without-text-v2-150x150.jpg" width="125" height="125" alt="Faith and Public Life" class="avatar avatar-125 wp-user-avatar wp-user-avatar-125 alignnone photo" />

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Chasing Political Sunsets

Faith and Public Life | July 10, 2018 | Economics, Politics, Summer Programs

Chasing Political Sunsets

The American Enterprise Institute invited dozens of college students from all corners of the map—I met friends from Venezuela, Hong Kong, Malaysia, and France—to their headquarters in Washington, DC to join ranks in the fierce competition of ideas. Through the branch...

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