Faith and Economics Gwartney Institute

What is the relationship between luck and morality?  We often think that luck is morally neutral, in that you shouldn't be blamed or praised merely because you were lucky or unlucky.  The other side of this coin is that we think that moral praise and blame should be reserved for actions that are within our control.  But what if there is more overlap between morality and luck than we had previously thought?  

Bitcoin turns 15 in 2024, and many other digital currencies have sprung up in the wake of bitcoin's volatile success.  Central Banks are now positioning themselves to enter the space with CBDCs (central bank digital currencies), which they claim will make monetary policy more effective while maintaining the benefits of digital currencies without the speculative risks. Are they right, or should we be worried?

Here at the Gwartney Institute, we often describe ourselves as advocates for freedom. But even as our freedoms come under attack from all angles, the concept of freedom itself might be unclear, and the meaning is at least disputed.

So, what is freedom anyway?

In this episode, Dr. Clarke explains what fallacies are, providing clear examples and insights. Following his explanation, Dr. McCullough and Dr. Jacobsen engage in a lively debate, presenting their differing views on various fallacies. Tune in for an enlightening discussion that breaks down common logical errors and explores their implications in everyday arguments and decision-making.

Justin is angry and animated because he thinks we live in a world where measurement has replaced judgment, and that this robs us of individuality, autonomy, and authenticity.  He also thinks the results in terrible outcomes for physical and mental health, education, and if you can believe it, other bad stuff too.  He's really on one, so let him cook.

What are labor unions, and what role do they play in the modern economy?  The Gwartney team explains the arguments for and against Labor Unions, and outlines the ways in which these arguments have changed as the economy has modernized and globalized.