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Channel: Economics – OrthodoxNetwork Blog – In Defense of Truth and Righteousness
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Craving Another Great Depression

by Ralph R. Reiland – Pushing his agenda for higher taxes on “the rich,” President Obama kicked off his December 6 speech in Kansas by saying his Kansas grandparents “shared the optimism of a nation...

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Obama: Our Marxist Wizard of Oz

by Peter Ferrara – His mother was an unabashed hippie from 1960s central casting. His father was an openly avowed Communist from Kenya. While his father wasn’t around much, his devoutly progressive...

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Morality and the Economy, No Separating the Two

by Chuck Colson – The next election should be all about the economy, right? Wrong in spades! During the seemingly endless build-up to the Iowa caucuses, there was one consistent refrain repeated over...

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Obama’s Bogus Jobs Data, 1.2 Million Less Jobs

The Washington Times – The White House hyped the news Friday that January payrolls had risen by 243,000. The hitch is the Bureau of Labor Statistics (BLS) also dropped 1.2 million from the calculated...

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American Exceptionalism Under Assault

by Emil W. Henry, Jr. – The Obama presidency has turned the American Social Contract on its head. In this election cycle, one noticeable phenomenon is how the Republican presidential candidates are...

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Catholic Social Doctrine and the Market Economy: Free Persons and Free Markets

by Andrew M. Greenwell, Esq. The free market must operate within certain moral, institutional, and legal norms, or else it becomes something other than a free market. The free market is not an...

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The Economic Paradox No One Wants to Talk About

by Arnold Ahlert – There is an economic paradox that few people understand, much less wish to acknowledge, because to do so would reveal the level of societal deterioration that has caused it. In...

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What the Bible Teaches About Capitalism

by Rabbi Aryeh Spero – Who would have expected that in a Republican primary campaign the single biggest complaint among candidates would be that the front-runner has taken capitalism too far? As if his...

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Keynesianism and the Collectivist Dream

by William Sullivan – It’s campaign season, and as usual, Democrats are employing their class struggle rhetoric to position a redistributive government agenda as the only way Americans can be saved...

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Welfare State: Immoral and Irredeemable

by Walter E. Williams – Benjamin Franklin, statesman and signer of our Declaration of Independence, said: “Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they...

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Earning Happiness — The Moral Promise of Free Enterprise

The words “happiness” and “free enterprise” don’t usually appear in the same sentence. Arthur Brooks, President of the American Enterprise Institute, explains that the two are intimately and profoundly...

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Challenging Liberals on Economic Immobility

by Samuel Gregg – When it comes to applying liberté, égalité, fraternité to the economy, modern liberals have always been pretty much fixated on the second member of this trinity. It’s a core concern...

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The Rich Don’t Make Us Poor

by Charles Kaupke – We’ve been hearing a lot lately about the need for the wealthy to “pay their fair share” so that the federal government can pay down its debts and continue to fund programs to...

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Marriage: The Greatest Weapon Against Child Poverty

by Ken McIntyre – The collapse of marriage, along with a dramatic rise in births to single women, is the most important cause of childhood poverty—but government policy doesn’t reflect that reality,...

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Fallacy Of Redistribution Has Grave Economic Impact

by Thomas Sowell – The recently discovered tape on which Barack Obama said back in 1998 that he believes in redistribution is not really news. He said the same thing to Joe the Plumber four years ago....

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On Consecrating the Entire Economic Order

by Fr. Patrick Henry Reardon – St. Luke’s account of Zacchaeus in the sycamore tree (19:1-10) is a story rich in spiritual reflection; preachers and Bible-readers, coming from a variety of backgrounds,...

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America is Going John Galt

by James McAlister – Many of us are numb today. Numb with the implications of what happened last night. Numb with dread. Endless days and countless lines of print will be expended in the post mortem of...

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Sacrifice and Self-Interest

by Jordan Ballor – One of the complaints often rendered against the market economy is that it encourages selfish behavior. This picture of the marketplace is that of a kind of war of all against all,...

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When Work Is Punished: Tragedy of America’s Welfare State

by Tyler Durden – A single mom in America today is better off earning gross income of $29,000 with $57,327 in net income & benefits [welfare], than earning gross income of $69,000 with net income...

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United States in Severe Decline Thanks to Obama

by Deroy Murdock – The Land of the Free is governed by an out-of-control egomaniac, neither bolstered by managerial competence nor hindered by the legislature’s institutional prerogatives. In the Home...

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