Category Archives: economics

Marketing Digital Media and Price Discrimination Genius

I don’t buy much music.  Last album was U2’s No Line on the Horizon.
Today I bought an interesting package of permissions to Derek Webb’s new album, including a T-Shirt.  I didn’t notice if there was a bumper-sticker.
The entire marketing campaign for this album was interesting, including obscure clues to hidden copies of portions of the [...]

A Dissertation Idea

Comments greatly appreciated!!!
This is only a starting point, and I may not be able to employ it for my actual dissertation, but it is the line of thinking which consumes all of my free thoughts.

This work provides an alternative narrative mode (the Virginia School of Political Economy rather than Marx) for the discussion of Theology [...]

Reconciling Economic Liberty and Biblical Freedom

I just got my new Spring 2009 issue of Faith and Economics, a journal from the Association of Christian Economists, of which I am a student member (which means I don’t really pay).
Kenneth G. Elzinga and Matthew R. Givens have a paper on Christianity and Hayek.
They define economic liberty (per Hayek, 1960)  as the “state [...]

Consumerism vs. Capitalism vs. “Capitalism”

In conversations about difficult topics it is important to share definitions.  Capitalism is a word of many meanings.
In this conversation I lay out a defense of what I consider pure Capitalism and how Christians ought to behave among themselves, and what positions they ought to advocate – if any – in public policy debates.  I [...]

Fighting Over Surpluses

Kids often fight over things which were gifts from their parents.
Suppose I slice a cake into several (unequal) pieces, and distribute them to my children.  Now, this is cake mind you, not bread, not water.  It is a pure bonus.  Dessert.  So I dole out the cake.  It is quite likely that an argument will [...]

The ARDA Survey, my results

I highly encourage all of you to go take this short survey.  My results demonstrate how rare a bird I am.  I would have liked to have some of the questions worded differently, but I doubt very many other people would recognize the significance in the changes I would make – least of all the [...]

Four Great Questions:

A high school student is thinking of majoring in economics and asks the following questions, with my responses indented:
1. What major biblical/moral principles would guide you in your philosophy/understanding of economics?
I could write a book and not fully unpack this question.  I believe in limited government, voluntarism, common law processes, and the Christian Ethic.  More [...]

Why Did They Do That?

Why did they come up with evolution?  Because its true?  Perhaps.  I’m a creationist holdout.
But when I read things like this, I wonder why people adopted it as a theory of origins, and I begin to suspect that they supposed it to be a system which they could manipulate.
The great advantage of testing and data, [...]

Free to Eat Meat

I wonder whether impoverished individuals ought to be permitted to share sex?  That is, when the poor copulate, they become pregnant, birthing more children into poverty.  It is a curious fact that the poor have more children than the wealthy.  Of course, the wealthy can afford birth control – but the poor could abstain.  But [...]

How to be a Christian, Though an Economist, and Vis Versa

As (future) economists, we are asked for advice about shaping policy.  Not every profession gets that opportunity.  Clergy have a much different way of speaking “truth to power” than a Christian economist might.  And the advice a Christian economist might give to a policy maker is quite likely to be different than the [...]