Hosted by the Values Advocacy Council in collaboration with IPS, Dr. E. Calvin Beisner, President of the Cornwall Alliance for the Stewardship of Creation, will give a talk titled, “Understanding Climate Change: Combining the Insights of Biblical Worldview, Theology, and Ethics with Science, Economics, and Politics.” In his talk, Dr. Beisner will address these and other questions: What’s really behind climate-change catastrophism? Sound science, pseudo-religious culture, or something else? Is global warming real, manmade, unprecedented, and an existential threat? How can we know? Why do global elites demand that everyone forfeit abundant, affordable, reliable energy from hydrocarbons (“fossil fuels”) for … Read More
Baby Formula Crisis – Economic Lessons
Oftentimes it is difficult to see the effects of government policy until a crisis reminds us just how much damage bad policy can inflict on our economy. A current illustration of this can be found in the current baby formula supply crisis in the United States. While there are factors outside of human control that have contributed (such as panic buying during the COVID scare and a recent bacterial infection at a production facility), government intervention in the marketplace greatly exacerbated the problem. The intervention came in the form of “price gouging” laws and protectionism. Let’s take a closer look … Read More
The Christian Ethics Behind the Pilgrims’ Rejection of Communism
The Christian Ethics Behind the Pilgrims’ Rejection of Communism Originally posted on November 21, 2017 by Shawn Ritenour on the Mises Institute website. Historically, Thanksgiving has been a feast day during which Americans are called upon to thank the Lord for the many blessings he has bestowed upon us. Richard J. Maybury and Gary Galles both explain the economic lessons to glean from the experience of the Pilgrims and both note that the primary reason for God’s blessing them with relative prosperity after years of famine and hunger was a shift away from socialism and toward private property. In their essays, both authors draw … Read More
Crisis, Economics and the Compromise of Principle
An IPS Commentary By Mike Winther, President of the Institute for Principle Studies Crisis, Economics and the Compromise of Principle As I write this, the world is in the middle of the Covid-19 epidemic and Congress has just passed an economic relief bill with an advertised price tag of about 2.2 trillion dollars. This is an amount roughly equal to 10% of our 22 trillion dollar federal debt. This debt took 185 years to accumulate and now we are increasing it by 10% in one nearly unanimous congressional vote. In addition, the Federal Reserve is pumping vast amounts of liquidity … Read More
The Workers in the Vineyard
THE WORKERS IN THE VINEYARD A parable takes a commonly-understood truth and uses it as a foundation (or a principle) to explain some other truth. In other words, it takes what the audience already understands and then uses this understanding to explain something the audience does not understand. In Matthew 20, the parable of the workers in the vineyard teaches some important spiritual truths. This parable teaches about God’s sovereignty, His justice, His faithfulness to His promises, His grace and mercy, and we cannot forget verse 16, “So the last will be first and the first will be last”. Volumes … Read More
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