Last week the American Enterprise Institute hosted Jay W. Richards, visiting Fellow at the Heritage Foundation and author of the new book Money, Greed, and God: Why Capitalism is the Solution and Not the Problem. The conversation focused on why capitalism and Christianity are compatible. Highlighting three of the eight myths surrounding capitalism he makes in his book, Richards explained the “Piety Myth”, which he defines as well-intended people ignoring unintended consequences when searching for a quick fix solution to an economic or social problem. An example of this is …
