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    Why Max Weber Was Wrong

    by Samuel Gregg

    Max Weber is justly famous for many things, but especially for having developed a theory about the relationship between capitalism and religion. The influence of The Protestant Ethic and the Spirit of Capitalism remains considerable, not least because it has become…

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    The Economy of Communion in Africa

    by David W. Lutz

    Africa is a continent of great spiritual and cultural wealth, but also of great material poverty. The way forward for African economies is not aid and development assistance, but prudent business management that enables African workers to attain higher levels…

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    Economics: The Cheerful Science

    by Mark W. Hendrickson

    Chances are, you’ve heard economics referred to as “the dismal science.” That unflattering description is glib and catchy; it is also 100 percent wrong. Let me set the record straight and explain why economics—far from being dismal—is cause for hope,…

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    Dawson’s Usura Canto

    by John Zmirak

    It gives me no pleasure addressing Christopher Dawson’s views  on economics. I learned much from Dawson in my formative years, reading The Sundering of Christendom and The Crisis of Western Education back in high school, and many of his other…

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    Profits are for People

    by Walter E. Williams

    The Occupy Wall Street demonstrators are demanding “people before profits” — as if profit motivation were the source of mankind’s troubles — when it’s often the absence of profit motivation that’s the true villain. First, let’s get both the definition…

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    Cooperation: A Free Market Benefits Everyone

    by Jeffrey Tucker

    The following will explain the most important idea in the history of social analysis. The notion (actually, it’s a description of reality that is all around us but rarely noticed) has been around for many centuries. It was first discovered…

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    Free Enterprise Looks to the Future

    by Michael Barone

    Two years ago, in June 2009, the American economy emerged from recession, according to the National Bureau of Economic Research. But as this week’s Economist noted, with typical British understatement, “The recovery has been a disappointment.” And maybe not a…

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    A Love Letter to Capitalism?

    by John Zmirak

    So here I am in the Holy City for a week, to attend a family wedding and restore my shattered nerves. Too many months spent teaching Great Books in rural New Hampshire is enough to reduce a civilized man to…

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    Common Sense Versus Nonsense

    by Walter E. Williams

    William J. McGee, the consumer advocate on the Department of Transportation’s Future of Aviation Advisory Committee wrote “Forcing the F.A.A. to Fly Blind” in The New York Times (April 9, 2011), where he laments Congress’ cut in the FAA budget,…

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    Slaves to Words

    by Thomas Sowell

    We could definitely use another Abraham Lincoln to emancipate us all from being slaves to words. In the midst of a historic financial crisis of unprecedented government spending, and a national debt that outstrips even the debt accumulated by the…

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