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Christmas as Capitalism: Celebrate Trade

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Christmas as Capitalism: Celebrate Trade

Christmas has become a holiday known for its commercialism—and many recoil at this, claiming that commercialism is antithetical to the spirit of the holiday. From one side of our culture, advocates of religion tell us that holiday materialism distracts us from the true “reason for the season.” From the other side, Occupy Wall Street protesters […]

China’s Growing Economy: a Value or a Threat?

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China’s Growing Economy: a Value or a Threat?

China has reportedly overtaken Japan as the world’s second largest economy. Many react to China’s ascendance by warning that America is in “danger” of being “overtaken”. On this view, the fact that some people gain more means that others necessarily have less. This question was raised in a recent discussion on NPR: JOFFE-WALT: And I […]