Faith and Public Life | September 23, 2015 | Economics
Pope Francis’ address to Congress this Thursday will be the first ever by a pope, and many Americans are anxious over what he might say about the global economy. Some expect he will give a rousing indictment of free-market capitalism as the culprit in global poverty,...Tyler Castle | September 1, 2015 | Economics
In 1962, Milton Friedman questioned whether “democratic socialism” could exist. His answer was no—at least not in a sustainable way. Today, with the economic rise of countries like China and India that embrace capitalism but remain politically autocratic, we might ask...Michael Hendrix | August 24, 2015 | Economics
Clive Crook, a columnist at BloombergView, recently challenged what he calls the “Aspen Consensus,” a set of unquestioned assumptions by the Intellectual Class that capitalism is a “morally tainted enterprise.” Such a view, Crook finds, is held most fervently and...Daniel Davis | July 2, 2015 | Economics
You’ve seen it happen. Maybe you’ve done it yourself. You’re in a restaurant and the waiter is doing a less than superb job. Perhaps it’s near the end of his six-hour shift, or he’s covering more than his share of tables. But whatever the case, you’re not getting the...Kurt Jaros | June 9, 2015 | Economics
In my previous post I wrote about how we can determine the value of CEOs to their respective organizations. My solution was modest: we simply aren’t in a position to know how much investors or shareholders should value a CEO to their company and should leave that...