Economics and Ethics

I have written for more than 40 years about the “reserve currency curse”: America’s heavy burden of supplying the world’s…

These remarks were given by John D. Mueller at a symposium after receiving his doctorate in economics from Corvinus University…

This article reviews and compares two approaches to the new, holistic, and multidisciplinary concept “Social Futuring,” which are expressed in two indices based on this concept, entitled the “Social Futuring Index” and the “Human Flourishing Index” (HFI). Broadly speaking, the Social Futuring Index is indebted to the broader context of modern social sciences, while the Human Flourishing Index attempts to update the scholastic moral philosophy, which was based primarily on the insights of Aristotle and Augustine, as combined by Thomas Aquinas (hence the HFI was previously called the “AAA Index”). Finally, we present the key elements of both indices and their measurement for individual countries from a comparative perspective.

John D. Mueller answers atheist Jeffery Lowder’s recycling of Plato’s argument against religion and morality and Lowder’s defense of atheism.

The AAA Index (or Index of Human Flourishing) is a new country index, named after the ancient and medieval scholastic philosophers Aristotle, Augustine and Thomas Aquinas, which seeks to measure how well individual countries promote human flourishing.

Other countries backing their currencies with dollar-denominated securities led to a dilemma for America. U.S. manufacturing jobs have disappeared in direct proportion to the decline in our net reserves.

Even the closest friends of the late Nobel laureate Robert Mundell struggled to convey exactly why Mundell was regarded as a great economist, even by those who have disagreed with him.