Blog author: jcarter
Friday, February 5, 2016

Capitalism Promotes Equality
Barry Brownstein, The Freeman

In 1900, Americans spent approximately 50 percent of their household income on food and clothing; today, we spend closer to 20 percent. Today, fresh produce from all over the world, not even available to a king a century ago, awaits common consumers when they enter the supermarket.

The $20-billion hole in Africa’s largest economy
The Economist

Most Nigerians live in poverty. Millions would be spared if officials stopped pilfering from the public purse.

Pope’s opening to China skips over religious freedom
John L. Allen Jr., Crux

On Tuesday, an exclusive interview with Pope Francis about China was published by the Asia Times, in which the pope urges the world not to fear growing Chinese power. It’s likely to be hailed as a great opening, as well as another sign of keen Vatican interest in moving ever closer to normalized diplomatic relations with Beijing.

Federal healthcare spending tops Social Security for the first time
Sarah Ferris, The Hill

Spending on federal healthcare programs outpaced spending on Social Security for the first time in 2015, according to an expansive report from the congressional budget scorekeeper released Monday.