What does the field of economics have to offer evangelicals? The embrace of economics should be more than merely an excuse to put forward naive views about public policy. Instead, evangelicals should embrace the “economic way of thinking”–a rigorous study of the benefits and costs of personal decisions and public policy. That said, the study of economics is frequently limited in scope; thus, evangelicals would do well to learn the economic way of thinking, using a biblical worldview and...

Many who proclaim the culture of life fault the free market for devaluing human life and reducing people to mere economic actors, valued only for their earning potential or their productive capacity. Our times are characterized by a lack of respect for the dignity of the human person, but it is a tragedy to see our allies against the forces that degrade the human person hindered in their efforts because of a misunderstanding of the market economy. The interaction,...

President Bill mitment to an activist environmental agenda was apparent early in his administration. The problem is not that he favors conservation but that he supports political control of the environment. Unfortunately, despite mon assumption that government is the best means of protecting the environment, politics has more often thwarted than advanced sound ecological stewardship. The real political divide is not between right and left, conservative and liberal, or Republican and Democrat. Rather, it is between market process and...

We live in a time that places a high value munity. The European Economic Community, global markets, the global village, accords and governance--universal fraternity is the wave of the future. Consequently, Pope John Paul II's encyclical Centesimus Annus, with its emphasis on the human person munity, could be seen as simply following these current trends. For those not aware of its continuity with a living tradition, it appears to be an attempt to build bridges where there are none....

Friends of liberty lost a staunch ally earlier this year when Julian Simon passed away on February 8, just shy of his sixty-fifth birthday. He was infamous for his principled and fact-driven defense of the free society and its ability to unleash the creative force of the human person. In contradistinction to the neo-Malthusians and anti-natalists who monopolized the conversation about population growth and resource use, Simon pointed out that, according to the data, the condition of the human...

“Pompey now having ordered all things … took his journey homewards…. When he came to Mitylene, he gave the city their freedom … and was present at the contest, there periodically held, of poets…. He was extremely pleased with the theatre itself, and had a model of it taken, intending to erect one in Rome on the same design, but larger and more magnificent. When he came to Rhodes, he attended the lectures of all the philosophers there…. At...

The 1991 papal encyclical Centesimus Annus has been described as prompting a springtime in Christian social teaching because it makes it easier to see freedom, specifically economic freedom, as a moral mandate. The sad truth is that the two traditions e together in Centesimus Annus–religious orthodoxy and classical liberal social theory–have appeared to be at odds with each other for the better part of three centuries. Although the classical liberal tradition sprang out of a Christian humanism rooted in...

U-Turns may be prohibited on interstate highways, but it became the standard traffic pattern in the Republican Congress elected in 1996. Republicans did not contest President Clinton’s plan to balance the budget. They just wanted to do it earlier. They did not object to Clinton’s tax cuts. They just wanted more of them. Republicans want to help families educate their children. But not as expensively or intrusively as do the Democrats. The new Republican drift is an inheritance from...

The great mantra of this prevailing culture of self-absorption is tolerance: If only everyone, everywhere, and under all circumstances could only be tolerant, we are assured, what a wonderful and peaceful world it would be. This kind of illiberal faith, this chic toleration, is so intolerant as to assert the truth claims of orthodox Judaism and Christianity. The problem with this arrogance (which always fails to see its own arrogance) is that it presumes that the Jewish and Christian...

At a conference given in Vienna in 1985, Friedrich von Hayek stated that the moral systems and institutions as “Guardians of Tradition” had a decisive influence in the formation of the “extended order” which is characterized by the market. In his last book, The Fatal Conceit, he wrote an important sentence full of controversy: The survival of our civilization “may rest on the question of how people conceive the relation between the moral traditions and a personal God.” I...

During the holiday season, business people are routinely excoriated for being greedy and not doing enough for society. In the model of Scrooge before his conversion, they are said to be selfish when they should be looking out for others. Yet in my pastoral experience, I have found this to be untrue. For several years, I have conducted seminars for entrepreneurs, some of whom run America’s panies, to help them reconcile their faith with their business life. And what...

The proper role of government, the central concern of political theory, has long been a controversial issue within Christendom. Disputes continue today. From right to left, clerics claim that God stands on their side. There is, it seems, no simple Christian view of the state. And for good reason: Holy Scripture and church tradition give us guidelines and principles, but no detailed blueprint as to godly government. On most individual issues we are left with the apostle James’ injunction...