All Things Considered commentary and audio

Click HERE and then click the audio link on the Minnesota Public Radio website to hear yesterday’s commentary on the classical spiritual-philosophical-ethical premise we need to remember. This piece was written two days BEFORE the President delivered his speech yesterday at Knox College.

    EXCERPT:

The English word “economy” comes from the Greek work “oikos” – the Greek word for house. The word “economics” derives from the Greek word “oikonomia”- -the management of a household.

Before it is anything else, economics is a perspective, a frame of reference. Before it decides anything about household management, it knows that there is only one house. Good household management – good economics – pays attention to the wellbeing of the entire house and all its residents.

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