Faith and Economics

Russ, Levi, and Jacob discuss one of the most popular proposals for a Universal Basic Income. Democrat presidential candidate Andrew Yang's proposed "Freedom Dividend" was recently criticized by the Acton Institute. We provide important commentary on his proposal and Acton's response! Show notes: Acton Institute Blog Post Yang Platform - UBI Universal Basic Income - Faith and Economics Podcast Gre...

We discuss the origins of capitalism in the west. What did early monasteries have to do with it? Were they early entrepreneurs? Show notes: How Caring for the Poor Led to the Beginnings of Capitalism How Progressive is the US Tax Code?

We discuss an interesting graph of changes in the cost of products and services over the past few decades. Does the increasing cost of health care and education make a normal, prosperous middle class life more difficult? Does the reduction in cost of other things offset this pernicious effect? Show notes: AEI inflation chart Acton institute blog article From Mutual Aid to the Welfare State by Davi...

We discuss the notion of Democratic Socialism and its relationship to Christianity. Should Christians embrace Democratic Socialism? Is this political philosophy, advocated by Alexandria Ocasio-Cortex and Bernie Sanders, a coherent way forward?

This week we talk with Professor Jeremy Jackson of North Dakota State University about his research on the relationship between economic freedom in the U.S., happiness, and social capital. Are residents of more economically free states happier? Do they form more tight-knit communities? Show notes: Professor Jackson's website Free to be Happy: Economic Freedom and Happiness in US States Economic Fr...

In this episode, Russ, Jacyn, and Jacob discuss biblical and financial instances of moral hazard, asymmetric information, and "Too Big to Fail." Show notes: Malcolm Gladwell's TED Talk on David and Goliath David and Goliath by Malcolm Gladwell

This week we discuss the U.S.'s status as a Christian nation. Russ and Levi agree that it currently isn't but arrive at that conclusion from two different angles. The relationship between economic prosperity and religion is a key component of the discussion. Show notes: Socialism Versus the Family - Edward Feser (lecture) The Myth of Religious Violence - William T. Cavanaugh (book) Interview with...

We discuss Malcolm Gladwell's unique take on the story of David and Goliath. What can we learn about markets from Gladwell's perspective on this famous story? Show notes Malcolm Gladwell's TED Talk on David and Goliath David and Goliath by Malcolm Gladwell Luigi Zingales on social media antitrust at Free Market Forum

In this episode we discuss the economics and morality of the Universal Basic Income. A Universal Basic Income would guarantee a minimum income to every individual over the age of 21 in the U.S. If you're looking for a brief primer on the subject, listen to this episode! Charles Murray's UBI proposal Text of a debate on UBI between Ed Dolan and Bryan Caplan UBI debate between Bryan Caplan and Will...

Jacyn and Dr. McCullough discuss their recent trips abroad to South America and India. Both talk about their experiences in light of the economic freedom (or lack thereof) in the countries they visited!

In this episode we discuss the implications of the Kingdom of God on politics. Dr. Rachel Ferguson, a philosopher at Lindenwood University, joins us to help us understand the link between Christianity and liberalism. Show notes: Dr. Rachel Ferguson's Website "Jesus of Nazareth" by Pope Benedict XVI "Rerum Novarum" by Pope Leo XIII "The Righteous Mind" by Jonathan Haidt "Why Liberalism Failed" by P...

In this episode we discuss community development and the roles of individuals and governments with Dr. Rebekka Dudensing of Texas A&M University. Show Notes Dr. Dudensing's Website The Little Pink House Documentary What is Community Development? People vs Place-Based Development Who Benefits from State and Local Economic Development Policies? Do Cities Make Us More Productive? (agglomeration d...

In this episode we discuss the idea that piety - the activities and procedures often practiced by Christians - might be a barrier to entry to Christianity. Some might be put off by these practices and may not want to become Christian because of that. As usual, Dr. Russell takes the opposing view. Show Notes: Bondage of the Will - Martin Luther https://www.amazon.com/dp/B0030N6DIC/ref=cm_sw_r_tw_dp...

Dr. Terry Griffin of Kansas State University talks about his research on the cost farmers incur to attend weekly church services. Dr. McCullough challenges the group to think about physical labor as a way of giving glory to God. Show Notes: The Cost of Being Faithful: What Do Farmers Give Up to Keep the Sabbath? - Rosburg, Griffin, and Coffey https://papers.ssrn.com/sol3/papers.cfm?abstract_id=328...

In this episode we discuss the origins of Santa Claus and the consumerism of the holidays and how we can address it as Christians informed by sound economics. Show notes: Veggie Tales - St. Nicholas, A Story of Joyful Giving https://www.amazon.com/Veggietales-Saint-Nicholas-Joyful-Giving/dp/B002FOFX6U The 5 Love Languages - Gary Chapman https://www.amazon.com/Love-Languages-Secret-that-Lasts-ebook...

In this episode we discuss nutritional insecurity and access to food. Our guest, Dr. Brandon McFadden, discusses the state of our knowledge of these issues and how they relate to poverty in the US and abroad. Dr. McFadden fills us in on how we as Christians can help solve food insecurity.

We discuss Hugh Whelchel's book "How Then Should We Work" focusing on Whelchel's notion of a "cultural mandate." Should Christians attempt to influence culture? Should we attempt to use the government to influence culture in Christian ways? Hillbilly Elegy, J.D. Vance http://a.co/d/1JJBxLA Arthur Brooks' TED Talk https://www.ted.com/talks/arthur_brooks_a_conservative_s_plea_let_s_work_together How...

Russ, Levi, and Jacyn discuss Russ's recent appearance on the Virtue in the Wasteland podcast. Is capitalism compatible with Christianity? What do Millennials and iGen think about this? Can markets be relied on to deliver moral results? Virtue in the Wasteland Episode featuring Russ: http://www.virtueinthewasteland.com/episodes/2018/11/1/ep-311-live-from-here-we-still-stand-2018 Capitalism vs Corp...

In this episode we continue our discussion of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org Note: This is a re-upload of a previous episode after some needed edits were made.

In this episode we discuss federal food programs and non-profit efforts to alleviate hunger in the U.S. Our guest, Dr. Jeffrey Dorfman, helps us understand the most recent data on the effectiveness of federal food programs. Show notes: Follow our guest on Twitter @DorfmanJeffrey Econtalk Episode on Food Banks http://www.econtalk.org/canice-prendergast-on-how-prices-can-improve-a-food-fight-and-hel...

We discuss the definitions of a successful life and how economics can inform those definitions. We also discuss Christianity's appropriate role in defining the culture. Show notes: Lenore Skenazy's Website http://www.freerangekids.com/ How Then Should We Work? by Hugh Whelchel http://a.co/d/7KhD0H9 Why Liberalism Failed by Patrick Deneen http://a.co/d/ao9TyF4 Milton Friedman and the Ford Pinto htt...

As we are fond of saying here at the Gwartney Institute, Poverty Sucks!. It sucks the life and dignity out of people keeping them from being able to lead lives that flourish. We also have to keep in mind, though, that we are called to poverty of spirit. What does that mean? In this episode we explore this distinction focusing on economic themes such as poverty alleviation and wealth. Show notes: A...

In this episode we continue our discussion of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org

In this episode we discuss the first part of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. https://amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org