Only a half-dozen years ago, many so-called experts saw China as the up-and-coming economic superpower and Xi Jinping as its indispensable man. American and European political and business leaders hailed China’s role in the global economy. Today, the vulnerability of China’s intertwined social, industrial and monetary systems is clearly visible. Xi’s failure to live up … Read more
Modern man suffers from an acute lack of economic imagination. The tendency is to think only in terms of the free market and the State as the economic engines that keep society going. Thus, libertarians have long favored the free market as the principal solution to modern woes. Socialists consider the State to be the … Read more
Wall Street runs its financial operations using time-honored processes based on data and statistics. Such data is needed to ensure investor interests are not jeopardized. The standards are rigid and necessary in a dog-eat-dog world where people take advantage of others. Generally, there are no exceptions to such procedures. The government and Wall Street insist … Read more
The title of the book Cathonomics: How Catholic Tradition Can Create a More Just Economy is intriguing, since it highlights that the Church has much to offer in the line of economics. The author tries to merge two fields that generally do not mix, although they should. Free Book: Return to Order: From a Frenzied … Read more
