Voices

Paul D. McNelis, S.J., is America’s contributing editor for economics and professor emeritus of finance at the Gabelli School of Business at Fordham University, in New York City.
Politics & SocietyShort Take
Why do banking crises keep happening? When depositors are protected, some banks cannot resist making risky loans. And paying fines for doing so has become a usual cost of doing business.
Politics & SocietyShort Take
Refusing to raise the cap on our national debt would not lead to reduced government spending. But it would endanger economies all over the world.
Politics & SocietyShort Take
We can't let inflation go unchallenged. President Biden is running out of time before investment dries up because of confusion and fear.
Politics & SocietyShort Take
President Biden is playing the long game in trying to revitalize the economy after Covid. It may take a long time to figure out how to measure the results.
Politics & SocietyShort Take
Jesuit economist: We should think of a minimum wage hike as a tool to increase investment and sustain a post-Covid recovery.
Politics & SocietyShort Take
The parallels to the post-pandemic Roaring ’20s of a century ago are striking. But we have learned how to fine-tune fiscal policy in order to avoid a boom-and-bust cycle.
Politics & SocietyShort Take
We are facing an unprecedented global crisis, which makes it unwise to seek an abrupt return to life as usual, writes Paul D. McNelis, S.J., our contributing editor for economics.
Politics & SocietyShort Take
The federal government has the tools to stabilize the economy in the wake of coronavirus, writes the economist Paul D. McNelis, S.J. We cannot settle for delayed and piecemeal responses.
Politics & SocietyShort Take
From the defense of moneylending to ethical research methods, theologians have shaped modern economics and finance, writes Paul McNelis. It may be time for them to step in again.
Politics & SocietyShort Take
Dwight Eisenhower has risen in the rankings of presidents, writes Paul D. McNelis, S.J., and his ability to combine bold initiatives with fiscal discipline is needed today.