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To most people, the word "economics" sounds like homework. In Visible Hand, Wall Street Journal op-ed editor Matthew Hennessey brings basic economic principles vividly to life in plain English, without resort to numbers, graphs, or jargon. This isn't Fed policy or the stock market. This is the essential stuff: supply and demand, incentives and tradeoffs, scarcity and innovation, work and leisure. A teenager should be able to discuss these things intelligently. Sadly, too few of us can explain them even in adulthood. Visible Hand equips readers with the essential vocabulary necessary to understand and explain how we make the choices we do. In Hennessey's hands, economics is far from the dismal science. It's the sparkling art of decision making. No homework necessary.
Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.
After nearly four decades of ministry, Andrew Wommack has discovered some important truths about prayer. His prayer life is much different than it was thirty years ago and the results have dramatically improved! You may be asking many of the same questions Andrew once did. Is prayer my Christian duty? Is prayer primarily about asking God to meet my needs and the needs of others? Is God's answer to my prayer based on the degree of my humility and sincerity? Is answered prayer a sovereign decision of God or do I have the ability to influence Him? Clear, scriptural answers to these questions and more could significantly change the way you pray. These principles may not be the only way to pray, but if you're not getting the results you desire, consider changing directions; maybe there is A Better Way to Pray.
In the spiritual life, we need a central idea: something so basic and comprehensive that it encompasses everything else. According to Carmelite Father Wilfrid Stinissen, surrender to God, abandonment to the One who loves us completely, is that central reality. The life of Jesus shows us the centrality of abandonment, for it is truly the beginning and the end of his mission on earth. In this simple but profound book, Father Stinissen distinguishes three degrees or stages in abandonment. The first stage consists of accepting and assenting to God's will as it manifests itself in all circumstances of life. The second is actively doing God's will at every moment of one's life. In the third stage, abandonment to God is so complete that one has become a tool in God's hands. At this stage it is no longer I who do God's will, but God who accomplishes his will through me.
He presided over 61,000 abortions—one of which was suffered by his then-girlfriend—and directed the largest abortion clinic in the world. He had helped to legalize abortion in the first place. One day, he had a change of heart. One day, he found God. At the drop of a hat, an abortion doctor renounced his profession—and his atheism—for pro-life advocacy and Christianity. In the most shocking revelations ever expressed in an autobiography, one man unveils his entire life story, detailing countless events—from his gruesome abortion procedures to his conversion and involvement in The Silent Scream. Discover one man’s incredible journey from death to life in Bernard Nathanson’s The Hand of God.
In The American Miracle- Divine Providence in the Rise of the Republic, Michael Medved uncovered a pattern of extraordinary and improbable turns in the young nation's ascent to power. Now, in the anticipated second volume, the nation's epic tale enters the modern era. As the civil war comes to an end and reconstruction begins, the Union is narrowly saved from total demise. But contempt still runs hot through the battered nation, and the future of the United States is still at stake. In This Favored Land, Medved reveals the instruments of fate that took the bedraggled country from its lowest point to her dominant role on the world stage today. Following the paths of American heroes and the little known figures who played indispensable roles in the unfolding of the nation's freakishly fortunate destiny, This Favored Land proves that the founding fathers were right- God has always been--and continues to be--at work in shaping the fate of the nation.
An acclaimed reporter presents the first major biography of the legendary, and divisive, conservative pastor who reshaped the landscape of American politics—Jerry Falwell. At a time when the Tea Party movement is dominating much of America's social and political discourse, the story of Falwell's Moral Majority will resonate strongly. Indeed, Falwell’s language may sound familiar to anyone who has heard recent speeches by figures like Sarah Palin, Rick Perry, or Michelle Bachmann.
Jerry Bridges’ life is a remarkable story of God’s providence. From “a most unpromising beginning” as a poor kid from the wrong side of the tracks, he joined the Navy, went to college, became an engineer, joined The Navigators as a missionary, and eventually became a best-selling author. In this book, Jerry illustrates through his story—and then summarizes for the reader—seven key “spiritual lessons” that God has taught him through his 83 years. These lessons can be passed on to any believer.