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Tag: scarcity

  • Economics 101
  • Public Square
  • Theology 101
Are Markets An Example of Providence?

By: Dr. Jay W. Richards

5 minute read

These past eight weeks we’ve looked at the eight most popular myths about wealth, poverty, and free enterprise. If anything…

  • Economics 101
  • Public Square
  • Theology 101
Will We Use Up All Our Resources?

By: Dr. Jay W. Richards

5 minute read

You’ve heard the warnings: the earth is overpopulated, and soon we’ll run out of food, farmland, and fuel. If we…

  • At Work
  • Economics 101
  • Public Square
  • Theology 101

Taylor University, my alma mater, is a small, Christian, liberal arts university in Upland, Indiana. I attended that fine institution…

  • Economics 101
  • Public Square
  • Theology 101

There are three misconceptions about profits that arise in most conversations I have with people about businesses seeking profit: 1….

  • Economics 101

At the Institute for Faith, Work & Economics, we think it is imperative for Christians to understand principles of economics…

  • Economics 101
We Need to Consider Consequences

By: Dr. Anne Bradley

5 minute read

Stewardship forces us to think like economists. We must look past our hopes and good feelings when making decisions in…

  • Economics 101
Is the Economy a Pie?

By: Dr. Anne Bradley

5 minute read

All this talk we have been doing on economic principles allows us to consider “the economy” in an entirely new…

  • Economics 101
The Miracle of the Market Process

By: Dr. Anne Bradley

5 minute read

Our ongoing discussion has focused on the importance of understanding economic principles to better understand a holistic definition of stewardship. …

  • Economics 101
How Prices Harness Knowledge

By: Dr. Anne Bradley

4 minute read

Previously we have talked about how knowledge is held in a world of scarcity.  Knowledge is personally held and individually…

  • Economics 101
The Knowledge Problem Triple-Whammy

By: Dr. Anne Bradley

4 minute read

One of the most profound insights of twentieth century economists was that of how knowledge is held in a society…

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