Writing in the New York Times Book Review, Richard Posner mocks the British father-son pair Robert and Edward Skidelsky for wondering about the balance between work and leisure in contemporary society.
For those who remember the days of recession, high unemployment and high inflation in the 1970s, the state of the American economy in 1999 is remarkable. We are enjoying the longest peacetime recovery in U.S. history, a record low unemployment rate (4.3 percent in May), and few signs of inflation, despite rapid expansion of output and jobs. The strength of the U.S.
We’re in the Money!” announces the cover of Christianity Today (June 12). “How Did Evangelicals Get So Wealthy, and What Has It Done to Us?” the subhead asks. Michael S. Hamilton’s lead article defines the “us” as the parachurch organizations which, by Hamilton’s estimate, have combined budgets of $22 billion. Both he and, in another article, John Stackhouse Jr.