Tag: ethics

  • Let’s Talk About the Capitalism in “It’s a Wonderful Life.”

    Let’s Talk About the Capitalism in “It’s a Wonderful Life.”

    A tale of selfless service, lost purpose, and gratitude. “It’s a Wonderful Life” is a timeless classic that beautifully depicts the importance of being grateful for the life that we live. For our purposes, the movie provides a great dichotomy of “good” capitalism and “bad” capitalism. There is a battle over the lives of Bedford…

  • Do you get Bonus Points in Heaven for the Final Amount in your Bank Account?

    Do you get Bonus Points in Heaven for the Final Amount in your Bank Account?

    What is the economically efficient way to hold on to wealth? This is not a moral “got you” about right and wrong. It is an honest question of how much money should we have when we die? Prudential judgement is the correct answer. There shouldn’t be a hard and steadfast rule. If we, Average Catholics,…

  • Seeing Profit as Gratitude

    Seeing Profit as Gratitude

    The life blood of capitalism is to make a profit. The familiar equation of revenue minus cost equals profit is burned into every entrepreneur. How can we minimize costs and maximize revenue? Profit is the driving force between most if not all capitalistic activity. The big question is how much money can we make off…