Once institutions become very large, do they necessarily become more efficient?
Paul D. McNelis, S.J.
Paul D. McNelis, S.J., is America’s contributing editor for economics and a visiting professor of economics at Boston College.
Posted inPolitics & Society, Short Take
Two tax solutions that would actually “Make America Great Again”
Why not tax individuals for what they take out of society instead of what they contribute?
Posted inFeatures, Politics & Society
We need a financial James Bond to prevent a ‘Goldfinger’ attack on Bitcoin
A cyber-destruction of Bitcoin deposits would trigger far-reaching consequences, beyond the realm of the Bitcoin world.
Posted inPolitics & Society, Short Take
The real imbalance between US and China? Savings.
We are in the topsy-turvy world: Communists call for free trade while capitalist-country leaders call for more tariffs and trade restrictions.
Posted inIn All Things, Politics & Society
Election 2016: What would Alexander Hamilton do?
Hamilton was a New Yorker, a lawyer like Hillary Clinton and a business investor like Donald Trump.
Posted inIn All Things
Lessons from a labor legend as T.P.P. debate continues
Sadly, our contemporary labor leaders have not had the forward-looking vision of John L. Lewis.
Posted inFrom Our Archives
Capitalism and the economic memories of Pope Francis
Argentines have experienced a very different form of capitalism.
Posted inIn All Things
Obama’s Cancer Proposal: What Is Desirable Is Not Always Feasible
Throwing more federal money at cancer research does not in any way guarantee cures will materialize sooner rather than later.
Posted inIn All Things
Why China quakes cause US tremors: Understanding global stock volatility
Looking at the potential for negative financial “contagion” effects throughout the region or the world after the recent meltdown and the suspension of trading in the Chinese market.
Posted inIn All Things
With expected interest rate hike, a return to normalcy at the Fed?
Unconventional monetary policy measures used to stimulate the economy in the face of the great recession represented a major break for the Federal Reserve