Category: PowerLinks

Blog author: jcarter
Thursday, July 21, 2016

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.

Blog author: jcarter
Wednesday, July 20, 2016

Communism Still Persists. We Must Remember Nations Where People Are Not Free.
Lee Edwards, The Daily Signal

Communism is a cancer that must be removed lest it spread. That historical lesson led President Ronald Reagan, after four decades of containment and accommodation, to lay down a new policy to end the Cold War: “We win and they lose.”

Stop Making CEO Pay a Political Issue
Alex Edmans, Harvard Business Review

Presidential candidates once campaigned on taxes, government spending, and foreign policy. But more recently, executive compensation has suddenly become a hot topic for winning the public’s approval.

Countries That Transitioned Rapidly From Communism to Capitalism Fare Better
Marian Tupy,

Former Soviet bloc countries that transitioned slowly now lag behind.

Mission Muffins: Serving the Poor in a Biblical, Sustainable, and Effective Way
Kathryn Feliciano, Institute for Faith, Work, and Economics

This organization is an example of program that is fighting poverty in a way that is biblical and effective.

Blog author: jcarter
Tuesday, July 19, 2016

How American Corporations Shaped Conservative Christianity
David A. Bosch, TGC

Christians have been involved in the marketplace for as long as Christians and markets have existed. The Blessings of Business: How Corporations Shaped Conservative Christianity by Darren Grem catalogues how Christian men not only have been involved in business, but also shaped 20th-century conservative Christianity in the United States.

Is Liberalism A Heresy?
Francesca Aran Murphy, First Things

Why liberalism and a market economy are based on Christianity.

Why Americans Love The Sharing Economy
Jared Meyer, The Federalist

Regulators, who are still attempting to respond to the creation of the Internet, will never catch up to America’s entrepreneurs.

Providing Real, Active Help for the Unemployed
John Kyle, Institute for Faith, Work, and Economics

Losing your job stinks. Getting fired, laid off, or going bankrupt – the form it takes doesn’t matter. It feels terrible.

Blog author: jcarter
Monday, July 18, 2016

We Need to Talk About Downward Mobility
The American Interest

Low levels of social mobility, more than raw inequality or slow growth, is probably the greatest challenge facing the American political-economic system today.

Africa is moving toward a massive and important free trade agreement
Luke Warford, Washington Post

African heads of state and government officials are meeting this week in Kigali, Rwanda, for the 27th African Union Summit. On their agenda will be taking the next steps to establish a free-trade area that would include all 54 African countries — which could be up and running by the end of 2017.

How Girls in Blue-Collar Communities Are Being Left Behind
Emily Deruy, The Atlantic

Schools often offer vocational classes at the expense of advanced courses, which can leave young women with few options.

Fed Economists Try to Portray Bitcoin as a Fiat Currency
Demelza Hays, FEE

A University of Pennsylvania economics professor and an advisor to the Philadelphia Federal Reserve recently released a working paper claiming that Bitcoin is a fiat currency.

Blog author: jcarter
Friday, July 15, 2016

Poverty and Policy
R. Shep Melnick, Claremont Review of Books

This strange understanding of “welfare” informs the book’s misleading title. Unlike the hundreds of millions of people around the world who live in extreme poverty, none of the families profiled in $2 a Day actually lives on…$2 a day.

Free Trade and Catholic Social Teaching
Stephen M. Krason, Crisis Magazine

It is shaping up that one of the major issues this election year is going to be free trade and the international trade deals that the U.S. has negotiated over the past quarter-century.

How Conservative Policy Can Create The Conditions For Upward Mobility
Evan Smith, Opportunity Lives

As many Americans know too well, ours is an age of stagnant wages and rising costs, of economic anxiety and stress, and of uncertainty as to what will come next.

The Simple Reason Most Regulations Are Harmful
Scott Sumner, FEE

One of the most basic ideas in economics is that the vast majority of regulations are harmful. Here’s a simple example.

Blog author: jcarter
Thursday, July 14, 2016

Is Homelessness Only a Housing Problem?
Stephen Eide, Family Studies

Is homelessness purely a housing problem, or do norms and family structure play a role?

The Double Standard on Low-Wage Work
A. Barton Hinkle,

Democrats love unpaid interns. Republicans more likely to pay them.

The Capitalist’s Imagination
Brooke Harrington, The Atlantic

The German sociologist Jens Beckert argues that literary theory can help explain what economics fails to.

What to Know About the History of the Fed’s Beige Book
Merrill Fabry, Time

On Wednesday, as it does every six weeks, the U.S. Federal Reserve will release what’s called the Beige Book, so-called for the color of its cover.

Blog author: jcarter
Wednesday, July 13, 2016

Is Liberalism a Heresy?
Francesca Aran Murphy, First Things

The only viable vehicle of conservatism in modernity is a market-oriented liberalism that regards freedom within law as the means to the common good.

Why African Entrepreneurship Is Booming
Ndubuisi Ekekwe, Harvard Business Review

This adaptation by the local companies to indigenous creativity is a response to new market realities.

Welfare reform to promote work and marriage
Robert Doar and Kiki Bradley, AEI

A disturbing lack of progress within the current poverty model calls for reform. The odds of a child born into poverty moving out of it have remained almost completely static for the last two decades.

James K.A. Smith, Comment

Restoring creation will require the Spirit-inspired work of building caring institutions and life-giving habits.