Category: PowerLinks

Blog author: jcarter
Friday, July 29, 2016
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Democrats, the Law of Demand, and the ‘Fight for 15’
James Sherk, National Review

Economists call this the Law of Demand. People buy more goods or services at lower prices than high ones. Almost everyone experiences this law daily. In most circumstances, no one disputes this. But not when it comes to the minimum wage.

An Overlooked Tool for Making Decisions in Our Fallen World
Anne Bradley, Institute for Faith, Work, and Economics

As I follow the news lately, I’m constantly reminded that things in this world are not as they should be. That’s why I’m grateful economics is a tool we can use to navigate our fallen world.

Rick Perry: Liberty Is Key to Restoring African American Communities
Evan Smith, Opportunity Lives

The reason we’ve had the political year we’ve had is because fewer American remember how well liberty can serve them and their families.

Global Food Security Act Leaves African Farmers in the Dirt
Stacy Ndlovu, FEE

The American Congress recently passed the bipartisan Global Food Security Act, a $7 billion dollar project aimed at bolstering efforts to end hunger, malnutrition and poverty across the globe. Sounds noble, but this Act will most certainly not improve global food security, especially in Africa, because it fails to address a fundamental cause of food insecurity in the developing world: US agricultural subsidies.

Blog author: jcarter
Thursday, July 28, 2016
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The Catholics who free slaves on the high seas
Carol Glatz, Catholic News Service

Missionaries, nuns and other pastoral workers provide crucial assistance in identifying and freeing trafficked seafarers, according to a US State Department official in Rome for a conference on the issue.

How Our Individualism Has Trapped Us In A Welfare State
Heather Judd, The Federalist

America’s enchantment with individualism is so thoroughly ingrained that it has become almost invisible, except in our massive, socialistic welfare state.

Africa Is Getting Richer, Thanks to Capitalism
Marian L. Tupy, FEE

Sub-Saharan Africa consists of 46 countries and covers an area of 9.4 million square miles. One out of seven people on earth live in Africa, and the continent’s share of the world’s population is bound to increase because Africa’s fertility rate remains higher than elsewhere.

China shuts down ‘unofficial’ Christian churches ahead of G20 summit
Suzette Gutierrez Cachila, Christian Times

Chinese authorities are banning “illegal” and “unofficial” churches in preparation for the G20 summit, which will be held in Hangzhou.

Blog author: jcarter
Wednesday, July 27, 2016
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Does welfare policy discourage marriage?
AEI

Means-tested benefits in well-meaning welfare policies are negatively impacting the institution of marriage these days.

Land Everywhere and Not a Place to Live
Alex Tabarrok, Marginal Revolution

Land use regulations raise prices, reduce mobility and increase income inequality in the United States. In many parts of the developing world, however, the situation is worse, much worse.

A Miami judge rules that bitcoin isn’t money
Ian Kar, Quartz

Sorry bitcoiners, the US court system doesn’t think your digital currency is real money.

America’s Economy Is Cartelized, Corrupt, and Anti-Competitive
David P. Goldman, First Things

It surely is the case that the old Reagan message has less purchase now than it did a quarter-century ago. The word “entrepreneurship” hardly was spoken during the recent Republican primaries. That is disturbing, because the empirical evidence argues strongly that today’s capitalism is more “clotted” and more “complacent” than at any time for which we have data.

Blog author: jcarter
Tuesday, July 26, 2016
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How Government Cronies Redefined the Catfish
Veronique de Rugy, Reason.com

An industry clamored for more regulation—because it had a financial interest in doing so.

TANF and Two-Parent Families
Shawn Fremstad, Family Studies

There is little reason to think TANF is providing assistance to most struggling two-parent families.

Staking the Dracula of School Choice Myths
Jason Bedrick, FEE

The myth that there’s no evidence that school choice works has more lives than Dracula.

Judge rules birth control mandate violates religious rights
David Lieb, Associated Press

A federal judge has ruled in favor of a Missouri lawmaker who cited religious objections while challenging the inclusion of birth control coverage in his government-provided health insurance.

Blog author: jcarter
Monday, July 25, 2016
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How Does Economics Help Christians Contribute to the Kingdom of God?
Kathryn Feliciano, Institute for Faith, Work, and Economics

If Christians want to be more effective in their ministry, then economics is a very good mental tool to have in their toolbox.

Tolerance, Criticism, and Humility are Core Principles of Freedom
Sandy Ikeda, FEE

A free and flourishing society demands both tolerance and criticism from its citizens.

House GOP’s Anti-Poverty Plan Draws From State Successes in Kansas, Maine
Amelia Hamilton , Opportunity Lives

Earlier this summer, Speaker of the House Paul Ryan (R-Wis.) released “A Better Way,” the congressional Republicans’ agenda for moving Americans out of poverty and welfare dependency and into independence and success.

Are Africans Actually Getting Poorer?
The American Interest

GDP per capita is falling in Africa for the first time in more than two decades. It’s been a good run for growth on the continent, but at least for now, GDP growth is following below population growth.

Blog author: jcarter
Friday, July 22, 2016
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5 Facts about Captive Nations Week
Joe Carter, ERLC

In 1959, during the height of the Cold War, President Eisenhower signed into law a joint declaration of Congress recognizing “Captive Nations Week” and issued a proclamation that has been reissued by every U.S. president since. Here are five facts you should know about this annual commemoration.

Falling for ISIS Propaganda about Christians
Nina Shea, The American Interest

An influential international body endorses the discredited claim that ISIS wants to protect Christians—not commit genocide against them.

African farmers say they can feed the world, and we might soon need them to
Peter Schwartzstein, Quartz

“We’ve talked forever about what places like Ethiopia and Kenya could do. They have all this land; all this water,” said Giovanni Santo, an Italian apple exporter, as he eagerly chatted up possible clients. “So it’s good to finally see them here.”

Can Microfinance Really Help the Poor?
James Clark, Institute for Faith, Work, and Economics

Within the past decade microfinance became the new panacea for eliminating poverty, but recently it too has undergone increasing scrutiny, with Lesley Sherratt’s Can Microfinance Work? being only one of the most recent examples.

Blog author: jcarter
Thursday, July 21, 2016
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Pokemon Go and the Kindness of Strangers
Alexi Sargeant, First Things

What is Pokémon Go? Is it the epitome of decadence? Evidence of America’s precipitous decline? No. Every popular game has its naysayers, but a doom-and-gloom attitude is harder to justify when a game is pulling players out into the sunlight to discover the places and people around them—and to do some good deeds to strangers in the process.

“Buy Local” Would Even Spoil Farmers Markets
Joseph S. Diedrich, FEE

The market’s popularity, variety, energy owe themselves to trade and to quality—not to locality.

Religious liberty trouble in California: An interview with the President of Biola Univerity
Laura Gurskey, ERLC

Society profits from universities like Biola that produce ethical thinkers who can contribute to the marketplace of ideas. As a student who has benefitted greatly from receiving a distinctively Christian education, I am concerned by recent governmental threats to such institutions.

Profit Maximization: A Much Abused Doctrine
Anthony de Jasay, Library of Economics and Liberty

Business education tends to produce zombies with self-contradictory minds.