Tag: Economics

The Economic Consequences of the Protestant Reformation

While Protestant reformers aimed to elevate the role of religion, we find that the Reformation produced rapid economic secularization. The interaction between religious competition and political economy explains the shift in investments in human and fixed capital away from the religious sector.

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How the poor get by in America

Washington Post examines the Reddit thread (What do insanely poor people buy, that ordinary people know nothing about?) on why people who are poor can’t “pull themselves

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