Economics

Pew: How the American middle class has changed in the past five decades

"The shrinking of the middle class has been accompanied by an increase in the share of adults in the upper-income tier – from 14% in 1971 to 21% in 2021 – as well as an increase in the share who are in the lower-income tier, from 25% to 29%." - Pew

259 reads

Pew: Most in the U.S. say young adults today face more challenges than their parents’ generation in some key areas

"About seven-in-ten Americans think young adults today have a harder time than their parents’ generation when it comes to saving for the future (72%), paying for college (71%) and buying a home (70%)" - Pew

221 reads

“Ramsey's rent rant exposes deficit in financial peace”

"Ultimately, Ramsey’s motto, 'If you will live like no one else, later you can live like no one else,' is not worth the paper it is printed on for Christian who don’t understand that it is freedom from money as a master, not getting out of debt, that really matters. " - CPost

939 reads

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

"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

281 reads

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