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Economics

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Today’s offering in our Timeless Essay series affords readers the opportunity to join Jeffrey O. Nelson as he explores the books and thinkers who shaped America's Conservative Renaissance. —W. Winston Elliott III, Publisher If a conservative order is indeed to return, we ought to know the tradition...
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Economics deals with statements of “is,” not of “ought.” It can tell you the consequences of particular public policies, but it cannot itself demonstrate the rightness or wrongness of such policies... Some debates on economic matters seem...
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Economics is not a stand-alone science, as disciples of the Enlightenment claim, but a branch of philosophy. In short, economics is one of the liberal arts... My recent essay seeking an adequate definition...
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“Capitalism” needs to be pinned down by definition; it needs to be circumscribed so that it doesn’t lead us off in increasingly meaningless and therefore futile lines of reasoning... If words are to have any...

True educational reform must re-establish the secondary school as a place for broad learning, vocational training as a highly respected route to respectable work, and college as a place for higher learning...   The call for college to...
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That boredom, sexual perversion, consumerism, and the general malaise of the West are to a great extent the fruits of past economic growth is long record­ed... "Conquest or superiority among other powers is not, or ought not ever to be, the object of republican...

President Trump’s promise to protect the American economy through the implementation of protectionist principles with regard to trade is nothing less than an extension of his desire to protect America’s sovereignty... "Protection will lead to great prosperity and strength." —Donald Trump (Inaugural Address)
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Because of the strong secular faith instilled in us by education, most of us trust that science and technology, democracy, and capitalism, the three legs of Modernity, can bring about only good ends and fail to see that these three triumphs of humankind can diminish the human...
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Self-service is often presented as the best of all buying options because it allows individuals to get the exact product they want quickly without interference from others. But by making purchases “easier,” is the buying experience truly enriched?...
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To shun wickedness, to care for our souls, and to love one another without looking for rewards, if followed by all, would turn injustice, now a constant companion of human life, into a stranger... In...
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Observers who disapprove of others’ exchanges too often want to substitute the visible fist of the state for the invisible hand of the market... "As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic...
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Whereas Adam Smith had warned that government must intervene in the economy from time to time, Edmund Burke believed any interference in the economy on the part of government to be a violation of the natural law...
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There seems to be very little cultural space for humanistic studies. It is difficult to perceive how literature, philosophy, or theology could contribute to technological capitalism... I would like you to imagine the following situation:...
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Ludwig von Mises was born on September 29, 1881, in the city of Lemberg in the Austro-Hungarian empire. His mother was Adele (Landau) von Mises; his father, Arthur Edler von Mises, a construction engineer in government service to...