Category: PowerLinks

Blog author: jcarter
Friday, March 18, 2016

Social Media and Original Sin
Eric Metaxas, BreakPoint

If you ever doubted the reality of original sin, just check the comment section on any website.

Free market needs some ‘Sunshine’
Glenn Harlan Reynolds, USA Today

Private sector businesses like Twitter and Facebook far from models of transparency.

What “Negative” Interest Rates Are, and What They Mean for Global Economies
Kristin Wong, Lifehacker

What if a bank’s interest rates were so low, they actually charged you to keep your money there? And what if you could take out a loan without paying any interest at all?

Despite Appearances, These Are Great Times for Human Liberty
Jeffrey Tucker, FEE

The resistance has powerful tools at its disposal

Blog author: jcarter
Thursday, March 17, 2016

Justice Dept. Condemns Profit-Minded Court Policies Targeting the Poor
Matt Apuzzo, New York Times

The Justice Department on Monday called on state judges across the country to root out unconstitutional policies that have locked poor people in a cycle of fines, debt and jail.

Sovereignty & Systems: Why American Government Has Failed
Alexander Salter, The Imaginative Conservative

Sovereignty is a kind of political property right. Like more familiar economic property rights, a political property right is a defined sphere of exclusive control. Unlike more familiar economic property rights, a political property right does not confer a right to enjoy a good or service, but to exercise power.

How Moral Outrage Makes Markets Work
Julian Adorney, FEE

Social signalling makes top-down regulation irrelevant.

Self-Sufficiency, Not Government Spending, Should Be the Measure of Antipoverty Progress
Robert Rector, The Daily Signal

This week President Barack Obama’s Department of Health and Human Services reached the startling conclusion that if massive welfare programs such as food stamps and the refundable earned income credit are counted as income, poverty is reduced.

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.”