A collection of essays helps the public understand the elements that make up a society where people can flourish, the reasons for our society’s current problems, and some avenues for potential reform. Below is an adaptation of the editors’ introduction to that collection.
Author: Harold James (Harold James)
As we attempt to revive the global financial system, it may be time to reconsider the long tradition that warned against the dangers of borrowing.
Is the current financial crisis simply a technical failure, or does it derive from some more basic problem? Economists may need to begin addressing fundamental questions concerned with value, and for that, they may turn to the natural law tradition.
When surveying the consequences of the recent election we should not think of the market as something disembodied from the rest of society. Its failure indicates a general failure of responsibility
Beginning in the time of Aristotle and leading up to the current financial crisis, greed and trust have played important yet shifting roles in the structure of the world's economies. One of the reasons we face the current crisis is our failure to deal with either properly.