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PowerLinks 08.20.18

Obesity is a market failure and innovation, not sin taxes, may be the solution Brendan Markey-Towler, The Conversation The standard economic response to high and rising obesity is to levy what’s known as a “sin tax”. Continue Reading...

PowerLinks 08.17.18

A Libertarian Case for the Common Good Stephanie Slade, America Economic freedom can be morally, not just materially, empowering. The Virtues of the Market: Wilhelm Röpke as a Cultural Economist Erwin Dekker, Think Markets Neo-liberalism is often associated with an excessive focus on the market at the expense of both the state and society. Continue Reading...

Would Jesus take an Uber?

New York City has enacted the first-ever government cap on the number of vehicles licensed to ride-sharing services like Uber or Lyft. On Tuesday, Mayor Bill de Blasio signed the bill imposing a one-year moratorium on new licenses, establishing a minimum wage for drivers – and touching off an international debate among Christians and others about the morality of Uber. Continue Reading...

Introduction to the ‘Principles Project’

A young professor accompanies his mentor to a private meeting of economists from around the country. As they take their seats the host says, “To start us off, let’s have a few rounds of the best jokes.” An elderly woman stands up and says “37,” and everyone laughs. Continue Reading...

PowerLinks 08.16.18

Universal Basic Income is a disastrous solution to a nonproblem Jack Adeney, CapX A basic income could leave the poorest families worse off. How You Can Find Socialism in a Capitalist World Bryan Caplan, Library of Law and Liberty If capitalism made my flesh crawl and I knew socialism wasn’t coming anytime soon, how would I cope? Continue Reading...

The bright side of the trade war with China?

“This year marks the 40th anniversary of one of the most consequential anti-poverty programs in human history,” says Rev. Ben Johnson in this week’s Acton Commentary. “Now, there is evidence that its spillover effects may lift millions more out of dire need.” The new openness to enterprise, private property, and investment led to China’s meteoric economic rise. Continue Reading...