economy 39
The Dismal Science vs. Community
RINGOES, NJ. In 1944 two very different but related books were published. The first was F.A. Hayek’s The Road to Serfdom. In a world that seemed to be succumbing…
The Wise Old Œconomist
Mt. Airy, Philadelphia. Before it became a science of supply and demand and the circulation of commodities, economics was originally understood as the wisdom of household management. The Greek word…
The Ad-Man Cometh (for your Children)
RINGOES, NJ. March Madness is finally over. And for the first time in years, I actively participated in the madness. For most of our married life, my wife and I…
No Going Back…So Where Are We Going?
The idealism of the paleoconservative cause is simply too burdened by the idealism of its vision. Politics is not a time machine and we are not ever going to travel…
Crunchy Pope, Part Two: Against Gnostic Economics
The obscuring of the faith in creation is a fundamental part of what constitutes modernity. As I survey all the perplexing shifts in the spiritual landscape of today, only these…
Oiko-Systems
Alexandria, VA. For many years now, "environmentalists" have sought to thwart the extension of forms of commerce and economic development that prove destructive of "eco-systems" or threaten the delicate balance…
The Populist Farmer, Revisited
Via John Schwenkler, I see that Norman Borlaug has just celebrated his 95th birthday. Borlaug, a recipient of the Nobel Peace Prize, is one of the primary architects of modern…
Deadly Vices
Alexandria, VA. In a recent column, E.J. Dionne precedes his praise for a new economic populism - anger of the populace directed at economic elites - with a somewhat gratuitous,…
Unreal Estate
Two news items of note that have recently caught my attention. The first, that China has been taking advantage of the global firesale of stuff, along with its massive cash…
Growth or Virtue?
RINGOES, NJ. The numbers keep rolling in. The Dow is below 7000. Unemployment is above 8%. In the fourth quarter of 2008, the economy contracted at a rate of 3.8%.…
Food and Freedom
RINGOES, NJ. Isn’t it interesting how quickly speculation becomes conventional wisdom? Back in the fall, when we began to hear rumblings of economic catastrophe, things were a bit vague. Most…
It’s the Economy, Stupid
Los Angeles, CA At the risk of copyright infringement, I want to recommend a song of this title by John McCutcheon which appears on his album Hail to the Chief. …
The Human Meaning of Property
MT. AIRY, PHILADELPHIA. Before I say something rather abstract about concrete things, a few personal words about what (and who) lies behind these thoughts may be in order. The photo…
What our Hands Have Wrought
RINGOES, NJ. In the fall of 2008, Americans were confronted with frightening news. The financial world was, the experts warned, teetering on the brink of disaster. Politicians from both parties…