Category: PowerLinks

Blog author: jcarter
Wednesday, March 16, 2016

Learn to Stop Regulatory Creep
Michael McShane, U.S. News and World Reports

Most regulations and requirements make sense when they’re looked at in isolation, but they add up. By my count, members of the Missouri legislature filed almost 300 bills related to education this session, all probably reasonable to the folks who drafted them. But if all were enacted, think of the new burdens they would place on teachers and administrators.

Socialism’s Bloody History Shows Millennials Should Think Twice Before Supporting It
Stella Morabito, The Federalist

Socialism demands that we place blind trust in whoever takes the power to distribute society’s goods and services. History shows those who have this power abuse it in horrific ways.

What Companies Can Do When Work and Religion Conflict
Kabrina Krebel Chang, Harvard Business Review

Title VII of the Civil Rights Act of 1964 prohibits, among other things, religious discrimination in any facet of employment. Not only must employers not treat workers differently based on their religion, but when a conflict arises between a religious practice and a workplace policy, employers must also try to accommodate the employee.

Flint’s Water Wasn’t “Run like a Business” – and Its Residents Suffered for It
Logan Billman, FEE

The Flint water crisis has been a disaster. However, many are blaming the wrong people, for the wrong reasons.

Blog author: jcarter
Tuesday, March 15, 2016

The Danger of the Universal Basic Income
David Rotman, MIT Technology Review

Giving everyone a “basic income” is the latest trendy idea sweeping Silicon Valley. It’s a terrible solution to a real problem.

On Trade, Donald Trump Breaks With 200 Years of Economic Orthodoxy
Binyamin Appelbaum, New York Times

Donald J. Trump’s blistering critique of American trade policy boils down to a simple equation: Foreigners are “killing us on trade” because Americans spend much more on imports than the rest of the world spends on American exports. China’s unbalanced trade with the United States, he said Tuesday night, is “the greatest theft in the history of the world.”

How Much Wealth and Income Does America’s 1 Percent Really Have?
Bourree Lam, The Atlantic

A new paper from the Brookings Institution suggest that the gap may actually be smaller than economists once thought.

The Upcoming Court Battle Over the HHS Mandate
Fr. Frank Pavone, Crisis Magazine

In what way can simply signing a document be a burden on you or your freedom?

Blog author: jcarter
Monday, March 14, 2016

Unions Take On Catholic Schools
Nicholas G. Hahn III, Wall Street Journal

The First Amendment can’t protect schools that lose sight of their religious mission.

Reforming a Fiscal Revolution
William Anthony Hay, Library of Law and Liberty

Almost exactly 200 years ago, the British House of Commons rejected a peacetime income tax. Henry Brougham, a Whig member of Parliament, mobilized public opinion against the tax, and after a raucous debate in the Commons, his side won by 37 votes.

Report insists ISIS is guilty of ‘genocide’ against Christians
John L. Allen Jr., Crux

A major report released Thursday by two US-based Christian organizations argues for including Iraqi, Syrian, and Libyan Christians as victims of genocide perpetrated by ISIS, ahead of a March 17 deadline for the US State Department to make a finding about whether, and to which categories of ISIS victims, the term “genocide” applies.

How Perceptions About Opportunity Vary By Race
Emily Deruy, The Atlantic

Blacks are far less likely than whites to think children of color are given the same chances in life as their peers.

Blog author: jcarter
Friday, March 11, 2016

Americans Name Economy, Government as Top Problems
Jeffrey M. Jones, Gallup

The economy and dissatisfaction with the government, two issues regularly at the top of Gallup’s monthly most important problem list, rank as Americans’ top issues in March. Mentions of unemployment are in the double digits for a second consecutive month after hitting a seven-year low in January.

Free Trade Loses Political Favor
Bob Davis, Wall Street Journal

Republican backing fades as voters voice surprising skepticism; Pacific pact seen at risk.

The Role of Culture in Declining Marriage Rates
W. Bradford Wilcox, Nicholas H. Wolfinger, and Charles E. Stokes, Family Studies

Neither economic changes nor public policy can wholly explain the retreat from marriage.

Public Predictions for the Future of Workforce Automation
Aaron Smith, Pew Research

A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts

Blog author: jcarter
Thursday, March 10, 2016

Capitalism Is Feeding a Hungry World
Chelsea German, FEE

The ghost of Malthus haunts our public discourse.

Michigan Corporate Welfare’s Secret Giveaway: $1 Billion in 2016
James M. Hohman, Mackinac Center

According to the latest revenue estimates, Michigan state government expects to pay out $1.03 billion this fiscal year to companies awarded refundable business tax credits under programs that were repealed in 2011. Even for Lansing, this is a huge transfer of taxpayer resources to favored interests.

‘China Is Killing Us,’ And Other Populist Myths
David Harsanyi, The Federalist

I ran across a Gallup poll today that found 50 percent of Americans believe China is the world’s leading economic power. Fifty percent. Only 34 percent believe the United States is the world’s most powerful economy, despite every shred of evidence available. The idea that a plurality of Americans believe we’re worse off than China helps explains a lot about the anxiety of voters.

Why the poor pay more for toilet paper — and just about everything else
Emily Badger, Washington Post

“You can create a poverty trap even around the toilet paper that we study,” Orhun says. Middle-class consumers behave quite differently, she adds. “They buy when the price is right and wait when the price isn’t. But poor people don’t have that luxury.”

Blog author: jcarter
Wednesday, March 9, 2016

Where Children Rarely Escape Poverty
Emily Deruy and Janie Boschma , The Atlantic

Charlotte, North Carolina, ranks low on upward mobility, but the city is trying to make the American Dream more accessible.

What Many Small Businesses Call Their Biggest Challenge
Patrick Tyrrell, The Daily Signal

The 2015 Small Business Credit Survey Report on Employer Firms, released March 3 by seven Federal Reserve Banks, contains disturbing news.

Minimum Wage, Maximum Automation
Adam C. Smith and Stewart Dompe, FEE

Hardee’s customers won’t have to deal with Hardee’s human employees much longer. The fast food franchise is experimenting with self-service kiosks at several of their restaurants, claiming, “The self-ordering kiosk gives the customer a fun, interactive and user-friendly way to control their order.”

Trade with China Reduced Domestic Inequality
David Henderson, EconLog

Broda and Romalis show that the prices of the items in the market basket that low-income families buy have increased less than the prices of the items in the basket that high-income families buy.

Blog author: jcarter
Tuesday, March 8, 2016

An Unjust Law Is No Law at All
Lawrence W. Reed, FEE

Augustine argued that a rational creature made in God’s image was meant to have dominion over nature, not over fellow men. At a time when slavery was common and widely viewed as acceptable, declaring it unequivocally sinful was positively bold and refreshing.

Crony Capitalism: Inefficient, Unjust, and Corrupting
Samuel Gregg, Public Discourse

Cronyism in the marketplace not only damages the economy. It is also unjust and deeply corrupting of the body politic—perhaps especially of democracies.

The Bleak Reality of Single Parent Households
The American Interest

A new policy brief derived from The Pew Charitable Trusts’ Survey of American Family Finances and the Panel Study of Income Dynamics shows exactly how much family really matters when it comes to helping kids out with important life events and transitions on the financial side.

Sanders’s comment on white people and poverty creates social media stir
Ben Kamisar, The Hill

Bernie Sanders stumbled on a question at Sunday’s debate over whether white Americans can empathize with blacks, stating that white people don’t know what it’s like to be poor.