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You are here: Home / Archives for 5 Liberal Arts / Economics

The Chief Cause of the Wealth of Nations is Not Material at All, but Knowledge and Skill

January 8, 2014 by mattperman

Very, very well said by economist Michael Novak, quoted in Compassion International’s short booklet Poverty: Economists affirm that the chief cause of the wealth of nations is not material at all, but knowledge, skill, know-how — in short, those acts and habits of discovery, invention, organization, and forethought that economists now describe as “human capital,” which […]

Filed Under: Economics, Poverty

Five Reasons Christians Should Embrace Economic Freedom

November 5, 2013 by mattperman

A very helpful article by Anne Bradley at The Institute for Faith, Work, and Economics. Here’s a great part, which shows the connection between our mandate as Christians to care for the poor and the importance of economic freedom as a means of enabling the poor to lift themselves from poverty: Reason #2: We are […]

Filed Under: Economics

What is the Real Reason Capitalism is Motivating?

July 2, 2012 by mattperman

Many people think it’s because of profit. Capitalism enables people to maximize their profits, and that’s why it’s motivating. I think this is wrong. I think the real reason capitalism is motivating is because it is based on freedom. The essence of capitalism is not “make us much money as you can” but rather “do […]

Filed Under: Economics

A Capitalist Argument Against Price Gouging

August 28, 2011 by mattperman

I thought these were some very good points over at the First Things blog. (HT: Justin Taylor)

Filed Under: Economics

Tax Cut Deal Reached

December 6, 2010 by mattperman

Wow. Good news. From the Daily Caller: President Obama and congressional Republicans have reached a tentative deal to extend the Bush tax cuts for all income levels and are presenting the proposal to congressional Democrats Monday afternoon, The Daily Caller has learned. The deal will extend the current tax levels for two more years, preventing […]

Filed Under: Economics

Why We Need to Give Creative and Competent Thought to Addressing Global Poverty

October 15, 2010 by mattperman

Psalm 41:1 says “Blessed is he who considers the poor.” In his commentary on the Psalms, Derek Kidner points out: “The word considers is striking, in that it usually describes the practical wisdom of the man of affairs, and so implies giving careful thought to this person’s situation, rather than perfunctory help.” Tim Keller draws […]

Filed Under: Economics, Poverty

William Carey — Economist?

March 19, 2010 by mattperman

From The Legacy of William Carey: A Model for the Transformation of a Culture: William Carey … introduced the idea of savings banks to India, to fight the all-pervasive social evil of usury. Carey believed that God, being righteous, hated usury, and that lending at interest rates of 36 to 72 percent made investment, industry, […]

Filed Under: Economics

Economics Does Not Lie: A Defense of the Free Market in Times of Chaos

January 18, 2010 by mattperman

I’m looking forward to reading Guy Sorman’s new book Economics Does Not Lie: A Defense of the Free Market in a Time of Crisis. Here is the summary from the inside jacket, which is a really good education in itself: In an economic crisis, it would be fatal to forget everything we know about economics. […]

Filed Under: Economics

Myths and Money: Inoculating Against the Socialist Flu

December 4, 2009 by mattperman

Marvin Olasky has some good words about Jay Richards’ book Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem: Many of us have had flu shots this fall, but what about an inoculation against the hate-America economics that many colleges teach? Money, Greed and God: Why Capitalism Is the Solution and […]

Filed Under: Economics

Why Third-World Capitalism is Not Flourishing

November 17, 2009 by mattperman

Here’s a quick statement of the reason, from my notes on the subject: The mystery of capital is this: Assets (property, money, the means of production) are not automatically capital. Capital is like electricity. Until it is there, the assets are dead. Property rights are what close the circuit and bring dead assets to life. […]

Filed Under: Economics

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About Matt Perman

 

I am the director of career development at The King’s College NYC, co-founder of What’s Best Next, and the author of What’s Best Next: How the Gospel Transforms the Way You Get Things Done. This is my personal website where I blog on four of my favorite topics: theology, apologetics, culture, and living in New York City.

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