Category: PowerLinks

Blog author: jcarter
Tuesday, June 14, 2016

Does John Oliver Know Anything About Debt Collection?
Christopher Miller, The Federalist

I have enjoyed ‘Last Week Tonight’ in the past, but now that I see just how twisted the facts get in his segments, I wonder if I can trust them to provide anything but excellent analogies.

The Case for Neck Tattoos, According to Economists
Ray Fisman And Tim Sullivan, The Atlantic

When it comes to demonstrating commitment, talk is cheap. Stamping a symbol where anyone can see it isn’t.

The Consequences: How Trade Became A Major Issue In 2016

International trade has emerged from wonky obscurity to become one of the most heated issues in this year’s presidential campaign.

How “pay for success” investing programs can help fix social mobility in the US
Erika Poethig and David D. Fukuzawa, Quartz

More than 70% of Americans born in poverty are expected to remain there. There is no quick fix for this social mobility problem because it is in large part structural. But there are new approaches that could address its various manifestations.

Blog author: jcarter
Monday, June 13, 2016

20 Quotes from Baptists on Religious Liberty
Joe Carter, ERLC

“Freedom of conscience, unlimited freedom of mind,” said the American historian George Bancroft, “was from the first the trophy of the Baptists.” Since the 1600s Baptists have been the forefront of defending religious freedom, not only for themselves and other Christians, but for Jews, Muslims, and other religions groups.

Poverty Hits Boys Hardest
The American Interest

The results of the study remind us that some of our 20th century styles of thinking about gender and privilege are in need of an update.

Restaurant CEO reveals unexpected effect of minimum wage hikes
Jazz Shaw, Hot Air

The CEO of national food chain Dave & Busters has weighed in on the current trend of massive increases to the minimum wage following the latest such hike in the District of Columbia.

How one college built an innovative degree program… in innovation
Julie Kliegman, The Week

Connor McCormick began his freshman year of college with a specific goal for himself: Start a business by the end of first semester.

Blog author: jcarter
Friday, June 10, 2016

Is Religious Freedom For Non-Christians Too?
Russell Moore

Does religious liberty apply to non-Christian religions? Someone told me this week that he had seen a Baptist writer question whether Muslim Americans qualify for religious liberty “benefits.”

Poll: Over Half of Unemployed Workers are Giving Up Looking for Jobs
Opportunity Lives

A recent study conducted by Harris Poll determined that 59 percent of workers who have been unemployed more than two years have already left the workforce completely. In total, 43 percent of jobless Americans say they’ve given up looking for employment, no matter how long they’ve been without work.

Majority of Americans Support Congressional Earmark Ban, Poll Shows
Andrew Egger, The Daily Signal

A majority of Americans continue to support the congressional ban on earmarks instituted by former House Speaker John Boehner, R-Ohio, a new Economist Group/YouGov poll shows.

Capitalism Is Good for the Poor
Steven Horwitz, FEE

Critics frequently accuse markets and capitalism of making life worse for the poor. This refrain is certainly common in the halls of left-leaning academia as well as in broader intellectual circles. But like so many other criticisms of capitalism, this one ignores the very real, and very available, facts of history.

Blog author: jcarter
Thursday, June 9, 2016

What Farmers Know About The Humane Treatment Of Animals
Adriane Heins, The Federalist

A new book on animal rights embraces interspecies identity politics, but it lacks the perspective of people who actually know and raise animals.

Hurting the Poor Is No Way to Help Them: Payday Lending Rules Edition
Veronique De Rugy, National Review Online

The Consumer Financial Protection Bureau is at it again. In the name of protecting consumers, it would like to ban or heavily restrict a tool that is very useful to them.

Where the Poor Spend More 10 Percent of Their Income on Energy
Adam Chandler, The Atlantic

Hint: almost everywhere in the United States

Does the Division of Labor Make Us Stupid?
Sarah Skwire, FEE

The division of labor might be my favorite human invention.

Blog author: jcarter
Wednesday, June 8, 2016

Ending the Corporate-Welfare Circus
Brent Gardner, Wall Street Journal

State gifts to the likes of Boeing, Ford, Google and Apple are unnecessary and unfair. Better to cut the tax rate and reduce regulation.

Limiting Access to Payday Loans May Do More Harm than Good
Paige Marta Skiba, FEE

One of the few lending options available to the poor may soon evaporate if a new rule proposed June 2 goes into effect.

Don’t Talk About Regulations Unless You Name Names
Krista Kafer, The Federalist

Drop the regulation line from your stump speech, or up your game.

Another Open Letter to John Oliver
Don Boudreaux, Cafe Hayek

Regarding your show of June 5th: your segment that exposes the deceits and dangers of Donald Trump is brilliantly spot-on, but your segment on the debt-purchasing industry rests on a fundamental economic error. So I write with a friendly suggestion: always ask “As compared to what?”

Blog author: jcarter
Tuesday, June 7, 2016

Proposed Payday Lending Rule Would Leave Borrowers Vulnerable
Nick Bourke, Pew Charitable Trusts

The Consumer Financial Protection Bureau (CFPB) has proposed the first federal rules on payday loans, which 12 million consumers use every year. However, the proposal falls short because it would allow payday loans with 400 percent interest rates to flourish while locking out lower-cost loans from banks.

When Employers Compete, Workers Win; When They Can’t, Workers Lose
Donald J. Boudreaux, FEE

Labor regulations are inherently costly – to workers.

The US government’s new name for the sharing economy is the worst one yet
Alison Griswold, Quartz

The sharing economy is in. Uber, Airbnb, TaskRabbit, etc. So is coming up with new names for “the sharing economy.”

The Compassion of Capitalism
Anne Bradley, Institute for Faith, Work, and Economics

Despite the ravages of sin, the world is an amazing, awe-inspiring place. This should not be much of a surprise as we know the One who created the world. Sin is less powerful than God and his creation, or sin would have already destroyed everything.

Blog author: jcarter
Monday, June 6, 2016

New evidence that even not-for-profit Obamacare plans are failing
Scott Gottlieb, AEI Ideas

The not-for-profit insurers that are planned to form the backbone of the Obamacare exchanges, including the Blues health plans, reported yesterday that they lost a lot of money in the first quarter of 2016.

Biblical Business — Engine Of Blessing

If you are a business person, let me suggest an addition to your list of most significant Bible passages — Deuteronomy 8:17-18. The passage occurs in the midst of Moses’ farewell address to the children of Israel.

Venezuela’s Crisis Is the Latest Example of Why Socialism Doesn’t Work
Gabriel Castro and Ana Quintana, The Daily Signal

It seems the “Socialism of the 21th Century” is really no different from socialism from the past.

Donald Trump Could Threaten U.S. Rule of Law, Scholars Say
Adam Liptak, New York Times

Donald J. Trump’s blustery attacks on the press, complaints about the judicial system and bold claims of presidential power collectively sketch out a constitutional worldview that shows contempt for the First Amendment, the separation of powers and the rule of law, legal experts across the political spectrum say.