Adam Smith Archive

The Myths Christians Believe about Wealth and Poverty

This article first appeared in the Christian Research Journal, volume 32, number 4 (2009). For further information or to subscribe to the Christian Research Journal go to: http://www.equip.org In the twentieth-century battle between communism and capitalism, capitalism won. Except for preachers of the misguided “prosperity gospel,” however, many of us still worry about capitalism. Some […]

Was Ayn Rand Right?

Synopsis In response to the critics of capitalism, many conservative Christians turn to philosopher Ayn Rand for ammunition. Rand was a staunch defender of capitalism, but also an anti-Christian atheist who argued that capitalism was based on greed. Greed, for Rand, is good. But if Rand is right, then Christians can’t be capitalists, because greed […]