“Dark Ages Misogyny”… Really?

What’s got Charles Johnson (the wrong-headed Charles Johnson of Little Green Footballs, not the right-headed anarchist Rad Geek) so worked up?

Now the GOP Wants to Permit Any Employer to Deny Contraception Coverage

What’s all this “permit” and “deny” stuff?

An employer doesn’t (or at least shouldn’t) have to offer health insurance as a job . . . → Read More: “Dark Ages Misogyny”… Really?

Owe No Man Anything

Well, this is interesting:

In a June 21 response, attorneys for the church indicated the church had strategically defaulted on the mortgage after learning its real estate – a 23,635-square-foot office building housing the church – is worth only $2.375 million vs. the $7.653 million owed to the bank.

This strategic default involved an . . . → Read More: Owe No Man Anything

Restraining Capitalism

I was talking to a preacher buddy of my dad’s a while ago, discussing my future plans, and I told him how I wanted to be an economist.  Being a free-market apologist who had the audacity to challenge him on his favorable views of unions (from a historical perspective), he felt compelled to tell . . . → Read More: Restraining Capitalism

Austrian Tautologies: Altruism

Here’s a fun argument:

As far as I can tell, we are left exactly where we were after that first essay. No altruism to be found. If you made a “sacrifice” it was, by direct virtue of your action, “worth it to you” (at the time of the action) or you would not have . . . → Read More: Austrian Tautologies: Altruism

Religion and Economic Growth

In the course of economic growth theory, the impact of religion on economic growth and GDP per capita has been largely neglected by the mainstream economic theory. Basically, there have been two major conceptual forces behind the demonstration of the effect of religiousness on economic growth. First, traditional theoretical approach to the analysis of . . . → Read More: Religion and Economic Growth

Investment in Good Works Nets $2.4M Offering

A 48-hour New Year’s eve free-will offering netted a Southern California mega-church $2.4M to close their books on 2009.

Pastor Rick Warren of Saddleback Church posted his URGENT LETTER on the church website on Wednesday and by close of business Thursday church members had stepped up to close their critical budget deficit of $900,000.

. . . → Read More: Investment in Good Works Nets $2.4M Offering

Economics and the Inner Man: The World According to Solomon, Keynes and Fernandez

Food shortages, food riots and skyrocketing food prices: the global food crisis has turned into one of the big stories of 2008. Not to fear: behind every headline and cover story lurks an expert—usually an economist—with a list of “promising solutions.”

“Practical men, who believe themselves to be quite exempt from any intellectual influences, . . . → Read More: Economics and the Inner Man: The World According to Solomon, Keynes and Fernandez

Islamophobia in Europe

According to a recent article in the New York Times Magazine, Europe is in the grip of “an anti-Islamic bias that is becoming institutionalized in the continent’s otherwise ordinary politics.” In the UK, a research report published earlier this year by the Institute of Race Relations argued that Islamophobia is hindering efforts to integrate . . . → Read More: Islamophobia in Europe

What a Human Being Really Is: Why Economics Has Gone So Wrong

The twentieth century taught us everything we need to know about human nature. For every grisly lesson learned on one end of the scale (the niche that belongs to Hitler, Stalin and the Khmer Rouge), we witnessed a remarkable example of sacrificial love for others at the opposite end (Mahatma Gandhi, Mother Teresa and . . . → Read More: What a Human Being Really Is: Why Economics Has Gone So Wrong

Small Is Beautiful: Buddhist Economics Meets Web 2.0

Browsing through the stacks of my local library a few weeks ago, I came across a copy of E. F. Schumacher’s Small Is Beautiful: Economics as if People Mattered.

I hadn’t opened a copy of the book in over 25 years. As I leafed through the chapter on “Buddhist Economics,” I realized I didn’t . . . → Read More: Small Is Beautiful: Buddhist Economics Meets Web 2.0