The Family: Key Element of Property and Economy

Wherever there is private property, there also one will find a strong family system. The two institutions are intertwined. The family household as an economic unit has always been much more important to the development … Continue reading

God and the Double BBQ Sandwich

It is no secret that America is polarized. This is a fact that is manifested in so many different ways. Traveling down the highway to Chicago, for example, I came upon two successive billboards that … Continue reading

When Institutions Decay

Niall Ferguson’s The Great Degeneration: How Institutions Decay and Economies Die is intriguing since the title reflects what should be an obvious connection: Social institutions do affect economies. The noted British historian’s latest book is … Continue reading