Category: History
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Calmly Considered: Economics, the New Testament, and the 21st Century (in podcast & videocast)
This is the first installment of a once-monthly series called Calmly Considered, in which Allan Bevere and I will be discussing topics related to faith and economics. In this episode, we discuss Peter Oakes' Empire, Economics, and the New Testament. We barely scratch the surface but hopefully some meaningful dialog.
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Confederate Monuments Are A Rewrite of History, Not A Remembrance
Confederate monuments were the product of a campaign to rewrite history, not to preserve it. There were few Confederate monuments thirty years after the Civil War ended in 1865. The placement of monuments came in two waves, the first much larger than the second. One wave began at the turn of the last century, and…
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The Keynesian Revolution and Our Empty Economy: We’re All Dead – Book Review
The Keynesian Revolution and Our Empty Economy: We're All Dead (Quotes are from the e-book version.) Is economics value-free? Can it be? In the nineteenth century, economics emerged alongside other social sciences, aspiring to apply the scientific method to study human behavior. Economists distinguish positive and normative economics – positive being descriptive and normative being…
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Were Slaves Immigrants?
Were Slaves Immigrants? Yes. If that answer troubles you, please hear me out. This week, Ben Carson touched off a firestorm when he referred to slaves as immigrants. (Barak Obama has done the same several times.) The uproar has been that equating slavery and immigration minimizes the horrors of slavery. I have engaged in several…
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Minimum Wage, Nativism, and the Illiberal Roots of Progressivism
Virginia Postrel has an interesting article at Bloomberg, "Progressive and Racist. Woodrow Wilson Wasn't Alone," a book review of Thomas Lenoard's Illiberal Reformers: Race, Eugenics and American Economics in the Progressive Era. Here are a few key quotes: The progressives believed, first and foremost, in the importance of science and scientific experts in guiding the…
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How GDP shares have shifted across the world since 1000 AD
Business Insider: How GDP shares have shifted across the world since 1000 AD Interesting graph.
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The US really has 11 separate ‘nations’
Business Insider: This map shows the US really has 11 separate 'nations' with entirely different cultures "In his fourth book, "American Nations: A History of the Eleven Rival Regional Cultures in North America," award-winning author Colin Woodard identifies 11 distinct cultures that have historically divided the US. "The country has been arguing about a lot of fundamental…
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Here’s What The Global Economy Looked Like In Year 1
Business Insider: Here's What The Global Economy Looked Like In Year 1