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Economics

Millennial Malaise: Why Young People Are Turning to Socialism

Faith and Public Life | October 20, 2017 | Economics, Politics

Millennial Malaise: Why Young People Are Turning to Socialism

“The post-Cold War capitalist order has failed us,” declared Sarah Leonard, a senior editor at The Nation. Leonard recently wrote of “today’s under-35s,” pronouncing this demographic as economically distraught, and thus now “more in need of a robust leftist...

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Mr. Watson Goes to Washington: What Principles Ought to Guide Tax Reform?

Faith and Public Life | October 18, 2017 | Economics, Politics

Mr. Watson Goes to Washington: What Principles Ought to Guide Tax Reform?

For our day and age, artificial intelligence seems to be the pinnacle of human ingenuity. Applying boundless computing power to big data will allow humanity to solve problems that have plagued us since the dawn of time. Problems as fundamental to the human experience...

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Of Apps and Augers: Will Technology Lead to Mass Unemployment?

Faith and Public Life | September 7, 2017 | Economics

Of Apps and Augers: Will Technology Lead to Mass Unemployment?

As a teen I felt unfortunate to have parents that valued hard work. Why couldn’t mom and dad just give me the stuff I wanted? To my perpetual dismay, my parents thought actions spoke louder than words. My parents’ old fashioned ideas resulted in a litany of summer...

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Capitalism: The Best We’ve Got, but Far from Perfect

Faith and Public Life | June 28, 2017 | Economics, Faith

Capitalism: The Best We’ve Got, but Far from Perfect

Capitalism. To some, it’s the foundation of modern civilization, deserving of full credit for every luxury and amenity we enjoy. To others it is the epitome of oppression, not simply leaving the poor behind, but trampling them in its wake. Capitalism. The word alone...

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Fostering Economic Growth: How Institutions Are the Catalyst of Change for the Bottom Billion

Faith and Public Life | June 28, 2017 | Economics

Fostering Economic Growth: How Institutions Are the Catalyst of Change for the Bottom Billion

Until roughly three hundred years ago, if you endeavored to uncover all of the literature on economic growth and its implications for the global economy, your pursuit would leave you empty handed. There was no growth before then. There wasn’t even a “global economy.”...

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Fixing the Social Welfare System Will Require Creativity

Faith and Public Life | June 28, 2017 | Economics, Poverty

Fixing the Social Welfare System Will Require Creativity

Nothing is ever black and white. On a many different types of issues today, society is learning that most things cannot be boiled down to one of two options. So why are we seem to be doing that with our social safety net systems? In today’s discussions of welfare,...

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