Archive for economics
I tend to find myself in the minority among friends with the viewpoints I hold as a libertarian and a Christian. I can frustrate my conservative and progressive friends at the same time in a single statement. I have had to learn to navigate the high seas of conservativism and progressivism, knowing that I can find some common ground among both.
A progressive friend of mine is the supervising an independent study for a doctoral student, and asked me to suggest some reading materials from the free market/Austrian economics perspective. There are plenty of materials I had to forego, not because I found them lacking in value (I really wanted to suggest everything ever written by Thomas E. Woods, Jr.!), but because it was a doctoral student looking for some academic works. After consulting with Art Carden and Norman Horn, I responded with the following list:
Bastiat Collection – Best works from within are The Law and That Which Is Seen, and That Which Is Not Seen
Human Action by Ludwig von Mises
Man, Economy, and State by Murray Rothbard
Capital and Interest by Bohm-Bawerk
Principles of Economics by Carl Menger
Applied Theory of Price by Donald McCloskey
Individualism and Economic Order by F.A. Hayek
Theory of Moral Sentiments by Adam Smith
There’s also a wealth of materials on econlib.org
I also added the following: “You can read Keynes’s General Theory, but honestly Keynes is part of the reason we have a consumerism problem (The whole, ‘Feed the addiction to keep economy growing’ approach!).”
For those of you looking to suggest reading materials for your friends, mind your audience. If the author labels every minor deviation from complete and total free markets as “socialist,” then that author will be unlikely to speak meaningfully to the progressive. Likewise, a conservative reader may be rather turned off by harsh criticism of those who adhere to a “God and country” viewpoint. Remember that everyone is at a different point in a journey, and if you wish to reach them, then meet them where they are. Otherwise, you are probably wasting your time.
EconPop combines three of my favorite things in their latest episode: economics, movies, and LEGOs! The LEGO Movie was one of the best films I have seen in the past year, and I recommend it for the entire family. Besides being utterly hilarious, you get some sound economics on the side. After you see it, watch this EconPop video:
I love a good movie, and I love good economics. As we have mentioned before, the EconPop show is a great show to get your fix of both: “the show that scans the ravage wasteland of popular culture to find the seedling of economics within.” Check out these great videos from Andrew Heaton and the creators of the Keynes-Hayek Raps. You’re bound to find a movie you like.
Many conservative and liberal Christians in America look upon immigrants very negatively. Despite the irrefutable evidence that immigrants – even illegal immigrants – do not “steal” American jobs, do not sap entitlements, and are a clear boon to the economy, we routinely hear how immigrants are categorically “bad.”
I am here to tell you that such an attitude is wrong on every level. Besides the economic and ethical arguments for why we should embrace open borders and oppose the state claiming more and more power to usurp freedom of movement, even God is on the side of the “alien”. We can see this throughout Scripture.