Saturday, January 17, 2009

New Economic Blog

There's a new economic blog you may want to check out, called The Humane Economy. Here's a taste.

Foundational things, like human dignity, trust, independence, self-reliance, a moral sense . . . things which seem to be fast fading from today’s economic and social landscape, and whose absence, I believe, lies at the root of the current economic crisis we are now facing. Roepke’s proposal was that there is a definite and strong connection between culture and economic systems. As the culture goes, so goes the economy.

Roepke, who almost single-handedly rebuilt the postwar German economy, published A Humane Economy in 1960 - the same year that Bernard Madoff founded Wall Street firm Bernard L. Madoff Investment Securites LLC.

Clearly, ol’ Bernie didn’t read the book . . .

H/T to Rod Dreher over at Crunchy Con.

Which reminds me. In a post last month I wrote that I thought Madoff was probably a halfway decent chap who let pride in his acumen get in the way of good judgment. Turns out I was wrong. The Financial Times reports that he probably never made a trade. Unbelievable.


  1. Gina,

    Thanks for the shout out. My goal for The Humane Economy is to provide a place to discuss the current economic crisis and how we can take steps forward.

    Best -

  2. You're welcome, Matthew. Glad to find an economic blog that brings to the discussion an understanding that culture and the permanent things cannot be separated from that discussion. I wish you and your endeavor well.