The relationship between Edmund Burke and Adam Smith underscores a fundamental connection between virtue and liberty.
Pillar: Business & Economics
The fifth pillar, business and economics, is built upon concern for the common good and the ways in which the economic order contributes to—or detracts from—human flourishing. Public Discourse examines the ways in which the market is shaped by—and gives shape to—our understanding of the human person, the role of the family, the rule of law, and education and culture.
Bellevue reflects the worst and the best not just of its disadvantaged patients, its physicians, and its students, but of the American democratic project.
A reflection on our nature as “dependent, rational animals.”
For both economic and spiritual reasons, a basic income guarantee isn’t the solution to widespread unemployment due to new technology.
Lasting reform of our monetary systems require serious rethinking of the state’s role vis-à-vis money.
Capitalism enables equalities of participation that would not otherwise be possible, even as it facilitates inequalities of wealth.
There will always be economic inequalities and problems in our country and in the world. In a real economy with real money, though, at least these would be closer to real inequalities and real problems.
A new book details the progressive movement’s reliance on eugenics and race science as well as its effort to exclude the disabled, blacks, immigrants, the poor, and women from full participation in American society.
Facing an increasingly divided nation, the conservative movement must offer policies addressing the reality of life in urban centers.
Samuel Gregg’s new book makes it clear that the fundamental purpose of finance, as of all civic practices and institutions, is the good of human beings.
Supporting markets as the economic arrangements most likely to help promote human flourishing doesn’t necessarily mean you accept libertarian philosophical premises.
As economic nationalism enjoys a resurgence across the developed world, Adam Smith reminds us of how much we stand to lose—and not just economically.
Christianity has never seen the pursuit of virtue as incompatible with private possession of wealth.
The significance of sovereign debt crises goes beyond economics. How we address these situations gives important insight into our understanding of the nature and limits of state authority.
Cronyism in the marketplace not only damages the economy. It is also unjust and deeply corrupting of the body politic—perhaps especially of democracies.
Instead of engaging in sweeping condemnations of contemporary capitalism, those concerned about the present state of Western culture should focus upon the theological and philosophical errors shaping our time.
The American Dream is in crisis because the American family is in crisis. We must commit to a national—not purely governmental—effort to promote strong families.
Oregon’s implementation of its new contraceptive metric is an alarming sign that nationwide governmental monitoring of America’s low-income women’s reproduction is on its way—along with flagrant disregard for women’s privacy and religious freedom.
At a time when debates about economic inequality occupy significant attention in the public square, Adam MacLeod offers a fresh way forward for thinking about private property and its contribution to the common good by rooting property rights in a robust account of freedom and human flourishing.
When motherhood becomes a mere avenue to a paycheck, both the woman and the child she carries are wronged. Surrogacy undermines the dignity of both women and children.
The liberal campaign to redefine marriage is not over. Attempts to secure constitutional rights to polygamy and polyamory are on the way. Conservatives must pursue a new strategy to thwart private corporations from undermining public morality if we hope to prevent further changes to the institution of marriage and protect other vital elements of public morality.
The recent Obergefell decision should serve as a wake-up call to conservatives. In particular, conservatives should rethink the Republican Party platform and work to refocus the GOP around the broad theme of “nature.”
Instead of settling for damage control, now is the time for conservatives to outline a far-reaching pro-market economic reform agenda. Not only should conservatives explain how America’s economy can be changed in ways that promote lasting growth and wider prosperity, but they should also speak in moral terms, presenting a convincing normative alternative to progressivism’s social democratic vision.
An article in the Journal of Clinical Oncology on the just price of cancer drugs in the United States contains an odd reference to a nonexistent book by Aristotle. Unraveling the origins of this error reveals an almost farcical series of misinterpretations.
The nature of poverty has changed substantially over the past fifty years. In Our Kids, esteemed social scientist Robert Putnam compares the conditions and opportunities of the rich and the poor in Port Clinton, Ohio, his hometown, both in 1959 and today. But the government programs that Putnam proposes won’t solve a problem that starts with the family.