The Best Economy: Free and Fair, But Not Fixed

Body

“From a Christian viewpoint, however, there are real concerns about economic fairness and justice. Yet, even after decades of pondering these issues, I still have lingering questions.” - Providence

Discussion

Why a Free Market Is Best for Human Flourishing

Body

“a billion people have escaped extreme poverty since 1990, owing to the embrace of free markets. It’s no coincidence that this dramatic decline in poverty occurred as the Soviet Union’s Marxist-Leninist experiment imploded.” - TIFWE

Discussion

Review: ‘Religion and the Rise of Capitalism’ by Benjamin M. Friedman

Body

“Smith’s big idea was that in the context of competitive markets, the pursuit of self-interest not only could but would lead to benefits for everybody else … . Friedman argues that Smith’s insight and the public reception were possible because of society’s move away from ‘predestinarian orthodox Calvinism.’” - TGC

Discussion

Why capitalism is worth conserving (and its new populist critics on the right are wrong)

Body

“Whether the critiques come from politicians like Josh Hawley or pundits like Tucker Carlson, free-market conservatives are increasingly scolded for being overly committed to economic freedom. To no surprise, the Left continues its own critiques as it always has, spurring a strange, unspoken alliance among otherwise ideological foes.” - Acton

Discussion

The fallacy of capitalism’s ‘race to the bottom’

Body

“The Biden administration proposes a global minimum tax on corporations to end the ‘global race to the bottom.’ Leaving aside the wisdom of letting France tax U.S.-based corporations, this phrase recalls one of the regnant canards of our time: Capitalism inevitably lowers living standards and grinds people down into poverty.” - Acton

Discussion