Since at least the Middle Ages, the payment and receipt of interest has existed under a moral cloud, due mainly to a misunderstanding concerning what interest is and why it exists.
If we value freedom, we must have an intellectual resistance to any proposals that would override choice and replace it with regimentation by the state.
From time immemorial, it has been the case that the most difficult work of caring for the least among us has been initiated by churches and from the resources that church leaders and members accumulated voluntarily.
Is there a vision of management – particularly in the area of finance and administration – specific to church organizations? If so, what does it involve?
Today, social programs account for about 50 percent of the federal budget—including Social Security and Medicare, which comprise the lion's share of social programs (public housing, public schools, unemployment benefits, job training programs, food stamps, etc.). Total spending on social programs in the United States exceeds $1 trillion annually.
I owe my fellow citizens a great debt for their willingness to create and support a public educational system. Yet that system constantly works against the values and objectives I believe are essential.