worldview and perspective on Economics

Too many people hear the word capacity and assume it’s a limitation. They assume their capacity is set—especially if they’re beyond a certain age. People give up on the idea that their capacity or the...

Many economic fallacies are due to conceiving of economic activity as a zero-sum contest, in which what is gained by one is lost by another. This in turn is often due to ignoring the fact that wealth ...

[A] rock-star preaches capitalism. Wow. Sometimes I hear myself and I just can’t believe it. But commerce is real. . . . Aid is just a stopgap. Commerce—entrepreneurial capitalism—takes more people ou...

At this point in the discussion some will remark that the Old Testament says a good deal about being prosperous and even occasionally speaks about wealth, but not about money per se. That is the case ...