[Editor’s note: This article was originally published as “Have Smith’s Theories Been Proven to Work In Spite Of the Presence of Government Meddling in Economics?.” After further reflection, I determined that the original article was attempting to critique Smith’s theories during time which, as demonstrated in the previous article, his theories were not even being … More Does Capitalism Work?
I know that Advent has not yet started, but I wanted to share this at a relevant time. Americans have developed some strange customs over the years, but the one later this week is one of the strangest. I am not referring to Thanksgiving, but to what has become our annual celebration of greed and … More A Distributist Christmas
by David W. Cooney There is, in the vast realm of people calling themselves capitalists, a very peculiar group. While, like all capitalists, they claim that capitalism is responsible for every material advancement and new technology since they days of Adam Smith, they simultaneously claim that every economic problem that has occurred is not the … More Has Smith's Capitalism Ever Been Tried?
by David W. Cooney Well, it’s been six long years of the three programs known as Quantitative Easing, or “QE.” The first, under president Bush, was for $750 billion. The second, under president Obama, was for another $800 billion. The third, also under Obama, was an ongoing payment by the U.S. government of $85 billion … More The End of QE
One response to my Distributism Basics article on the Science of Economics was the assertion that economics can be studied apart from ethics. According to critics of the article, I was incorrectly attempting to join two topics that don’t necessarily go together. These critics at least seemed to agree that ethics did apply to economic … More The Laws of Economics
According to an exchange between Chris Hayes and Brian Murphy on MSNBC, small government, by which they mean local municipal government, is actually worse than large government. Referencing an article from New York Magazine, they say that local government is worse because it is less accountable to the citizens. Let’s examine their reasons for saying … More Is Small Government the Worst Government?
Practical Distributism 