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Economics

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A forthcoming book called Lesson Plan throws cold water on the fear that student debt may stunt the lives of college graduates. Co-authors William Bowen and Michael McPherson are both scholars of higher education...

Russell Kirk posed as one of the “canons” of conservatism the existence of orders in society. Critics have responded for decades that such a view shows that traditional conservatives are by nature aristocratic in their orientation, that they...

The Free Enterprise System is dynamic. It is disruptive, yet also full of opportunities in its competitive nature. It requires hard work and virtue in order for it to be possible. If capitalism is to rise above cronyism, a proper understanding must not only be cultivated but also...
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The art of war... as it is certainly the noblest of all arts, so in the progress of improvement it necessarily becomes one of the most complicated among them. The state of the mechanical, as well...
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James R. Otteson, the Thomas W. Smith Presidential Chair in Business Ethics at Wake Forest University, possesses one of the greatest minds in defense of classical liberalism in the modern era. He has authored two definitive works on...
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What is liberalism? How ought we to understand it? Entire forests have been felled in the attempt to answer these questions. Much of the literature that undertakes a "taxonomy" of ideas has focused on whether liberalism is a...
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Today’s offering in our Timeless Essay series affords readers the opportunity to join Adrian Walker as he explores the incompatibility of liberal economics and Christianity. —W. Winston Elliott III, Publisher The poor, Jesus famously said, will always...
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For the conservative, the real end of economic production is to raise man above the savage level, to make possible the leisure which sustains civilization, and to free man from the condition...
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My American Enterprise Institute colleague, Jonah Goldberg, recently wrote a book entitled The Tyranny of Clichés. One of the clichés is that conservatives are rigid, judgmental ideologues. Progressives, by contrast, are praised as flexible pragmatists who...
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With this essay, I am venturing into unfamiliar territory. My previous essays featured in this journal have been distillations of my academic research. This is not the case here. I regard myself sufficiently...
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Henry David Thoreau's long essay, first published under the title "Resistance to Civil Government," now usually known as "Civil Disobedience," is frequently described as one of the...
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Western social philosophy has produced many, many writings on the nature of sovereignty. Chiefly, these works are concerned with the individual or group of individuals who are entitled to rule. The medieval conception of...
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Today’s offering in our Timeless Essay series affords readers the opportunity to join Hunter Baker as he discusses Peter Drucker, the most interesting (business) man in the world. —W. Winston Elliott III, Publisher
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June 20th, 1998, marked the fiftieth anniversary of the German "economic miracle." Of course, there was nothing miraculous about it. Germany's success was not due to the hard-working character of her people, or to...