http://www.apostlesandmarkets.com Christianity and Economics Wed, 18 Aug 2010 18:20:04 +0000 http://wordpress.org/?v=2.9 en hourly 1 http://www.apostlesandmarkets.com/2009/03/11/mankiw-krugman-wager-over-growth/ http://www.apostlesandmarkets.com/2009/03/11/mankiw-krugman-wager-over-growth/#comments Wed, 11 Mar 2009 17:58:11 +0000 Stephen J. Haessler http://www.apostlesandmarkets.com/?p=940
My money’s on Mankiw. The bet was offered by Harvard economist Greg Mankiw over the projected growth of the United States economy between 2008 and 2013. The growth rate the Obama administration is using is 15.6%.  Earth to Obama administration. Mankiw asserts that the projected growth rates are overly optimistic. Paul Krugman has not taken the bet. [...]]]> http://www.apostlesandmarkets.com/2009/03/11/mankiw-krugman-wager-over-growth/feed/ 2 http://www.apostlesandmarkets.com/2009/03/06/visualizing-trillions/ http://www.apostlesandmarkets.com/2009/03/06/visualizing-trillions/#comments Fri, 06 Mar 2009 12:00:14 +0000 Stephen J. Haessler http://www.apostlesandmarkets.com/?p=921
When I teach macroeconomics, we cover national income accounting and use lots of large numbers. I’ll ask students what they think the difference is between a million, a billion, and a trillion seconds of time, for a comparison of how these amounts might be related in dollar terms. The difference is jarring. A million seconds is about 11.5 [...]]]> http://www.apostlesandmarkets.com/2009/03/06/visualizing-trillions/feed/ 2 http://www.apostlesandmarkets.com/2009/03/03/brophy-res/ http://www.apostlesandmarkets.com/2009/03/03/brophy-res/#comments Tue, 03 Mar 2009 12:00:28 +0000 Stephen J. Haessler http://www.apostlesandmarkets.com/?p=878
Welcome theology and economics students at Brophy College Preparatory from Phoenix, Arizona! Brophy was founded in 1928 and is a Catholic, Jesuit, secondary school. When I looked at the school’s inspiring philosophy, one statement stood out. It mentioned that Brophy “encourages dialogue between Christian faith and contemporary thought.” It is fitting then, to have some of Brophy’s [...]]]> http://www.apostlesandmarkets.com/2009/03/03/brophy-res/feed/ 122 http://www.apostlesandmarkets.com/2009/03/02/catholic-economists-on-stimulus-package/ http://www.apostlesandmarkets.com/2009/03/02/catholic-economists-on-stimulus-package/#comments Mon, 02 Mar 2009 20:23:53 +0000 Stephen J. Haessler http://www.apostlesandmarkets.com/?p=887
There’s an important article in the recent Our Sunday Visitor by Joseph O’Brien titled Catholic Economists Take Issue with Federal Stimulus Package. The article highlights some economists’ concerns with the recently passed stimulus package, or Economic Recovery and Reinvestment Act of 2009. Both liberals like Alan S. Blinder and conservatives like John Mueller are concerned about [...]]]> http://www.apostlesandmarkets.com/2009/03/02/catholic-economists-on-stimulus-package/feed/ 4 http://www.apostlesandmarkets.com/2009/02/05/joseph-zoric-on-the-stimulus-package/ http://www.apostlesandmarkets.com/2009/02/05/joseph-zoric-on-the-stimulus-package/#comments Thu, 05 Feb 2009 18:22:49 +0000 Joseph Zoric http://www.apostlesandmarkets.com/?p=772
“There is no disagreement that we need action by our government, a recovery plan that will help jumpstart the economy.” (President-Elect Barack Obama, January 9, 2009) “With all due respect Mr. President, that is not true. Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of [...]]]> http://www.apostlesandmarkets.com/2009/02/05/joseph-zoric-on-the-stimulus-package/feed/ 0