An Introduction to Wilhelm Röpke

“We need a combination of supreme moral sensitivity and economic knowledge. Economically ignorant moralism is as objectionable as morally callous economism.” Wilhelm Röpke, A Humane Economy Wilhelm Röpke (1899-1966) deserves a shot at the title: “The Most Influential Economist You Never Heard Of.” A citizen of Germany and decorated veteran of World War I, he... Continue Reading →

Capitalism, Greed and Self-Interest

It is not at all uncommon to hear modern critiques of capitalism citing “greed” as the root problem. Capitalism is sometimes defined as greed. Often it is said that capitalism cannot work without greed. In the movie Wall Street, the character Gordon Gekko pontificates, “Greed, for lack of a better word, is good. Greed is... Continue Reading →

Socialism Mis-Defined

Our culture is wrestling with some big-picture economic questions. As polls show us, we are in a fairly precipitous slide toward the acceptance of socialism as a kind of universal panacea for culture’s ills. Having spent the first four years of my University education in economics, I am usually baffled by the general popularity of... Continue Reading →

Defining Capitalism

In the first essay in Counting the Cost, Michael Novak updates a few of his thoughts from The Spirit of Democratic Capitalism and provides a fertile place to begin when thinking about Christianity theology and capitalism. The free market is much maligned these days. Is there anything to say about it that accords with sound Christian... Continue Reading →

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