Wilhelm Röpke: An economist against the technicians | New podcast episode: Mark Hall on America's Christian founding
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Wilhelm Röpke: An economist against the technicians
By Dan Hugger • December 11, 2019
The University of Marburg, where Röpke earned his degree in economics, and later taught
No economist was so acutely aware of what a dangerous game he was playing as Wilhelm Röpke (1899–1966). It was in the trenches of Europe during World War I that Röpke dedicated himself to what would become his life’s work: "To understand the reasons for the crisis, to learn what brought it to the stage of war, and to find if war indeed resolved anything, I determined to become an economist and a sociologist." For Röpke a stable, prosperous, and dynamic market economy is only possible when free persons guided by conscience are animated by a transcendent sense of purpose. They must receive moral formation in family and community, be protected by the rule of law, and enjoy peaceful material and cultural exchange with those of other nations. The conditions of human flourishing are only ever partially fulfilled by bread alone, “Man can wholly fulfill his nature only by freely becoming part of a community and having a sense of solidarity with it. Otherwise he leads a miserable existence and he knows it.”
Acton Line podcast: Elizabeth Warren wants $3 trillion tax hike; Mark Hall on America's Christian founding
December 11, 2019
Senator Elizabeth Warren speaks at a town hall in California
Massachusetts Democratic Senator and presidential candidate Elizabeth Warren has proposed to increase taxes for big businesses and high earners to nearly $3 trillion per year. Warren plans to use this tax to fund spending in health care, education, and family benefits, and as a result, according to Warren, the economy would grow. Are economists in agreement with Warren? What would increased taxes on the wealthy do for the economy? Dave Hebert, professor of economics and director of the Center for Markets, Ethics, and Entrepreneurship at Aquinas College, lays it out. On the second segment, Mark Hall, professor at George Fox University, joins the show to discuss his new book, Did America Have a Christian Founding? It's a perennial question: how did the Judeo-Christian worldview under gird America's founding and why is this question worth asking? Hall explains the main arguments in his book and dispels some common myths surrounding America's founders.
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The 2019 Acton Lecture Series wrapped up last week Thursday with a lecture by David Hebert, director of the Center for Markets, Ethics, and Entrepreneurship at Aquinas College. Hebert told the fascinating story of Frederick Tudor, a Boston entrepreneur who in the early 1800s set about finding a way to transport ice from a pond in Massachusetts all the way to Bombay, India. It's a tale of entrepreneurial instinct and technological innovation, and shows how important private property and the rule of law are for creating and smooth operation of markets.
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