Acton Institute PowerBlog

PowerLinks 04.27.17

Why the only future worth building includes everyone
Pope Francis, TED

A single individual is enough for hope to exist, and that individual can be you, says His Holiness Pope Francis in this searing TED Talk delivered directly from Vatican City.

Support for free trade agreements rebounds modestly, but wide partisan differences remain
Bradley Jones, Pew Research

Americans’ support for free trade agreements, which fell sharply during the 2016 presidential campaign, has rebounded modestly. The partisan gap in views of trade agreements remains substantial, with Republicans far more likely than Democrats to have a skeptical view of these agreements.

History suggests there is a way to lower inequality. But you’re not going to like it
Ana Swanson, Washington Post

How does inequality today compare with history? When have we seen inequality peak, and when has it fallen?

Minimum wage hurts poor people in a new way
Luke Froeb, Managerial Econ

A new working paper from HBS finds that for every $1 increase in the minimum wage, the probability of restaurant failure increases by 4-10%.