foreclosure

Gadsden

Can a Catholic Be a Libertarian?

Lately I've been extensively reading the Austrian Economists and the thinkers of the Libertarian tradition. I can already hear the groans and screams of some readers pulling their hair—or beards—out as they lament the seemingly inexcusable faux pas of a traditional Catholic such as myself dabbling in the world of political and economic liberalism. I [...]

Politics vs. Economics

They say "all politics is local." But economic decisions impact the whole economy and reverberate internationally. That is why politicians' meddling with the economy creates so many disasters. The time horizon of politics seldom reaches beyond the next election. But, in economics, when an oil company invests in oil explorations today, the oil they eventually [...]

As the Family Goes, So Goes the Economy

  According to a New York Times editorial this week, “As Housing Goes, So Goes the Economy”. It is a call to the United States government to intervene in the housing market which, nearly two years after the housing bubble burst, is still in trouble and will not, says the Times, fix itself. That may be [...]

Another economic casualty…

This Wall Street Journal article points to another casualty in the economic slump: churches.  Many are having to close their doors because they can't make their mortgage payments: Since 2008, nearly 200 religious facilities have been foreclosed on by banks, up from eight during the previous two years and virtually none in the decade before [...]

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