Category: PowerLinks

Blog author: jcarter
Tuesday, May 17, 2016

World Youth Day to include focus on persecuted Christians
Ines San Martin, Crux

For most of those who’ve ever attended an international Catholic rally known as “World Youth Day”, the event is a spiritual adrenaline rush hard to top. For a full week, hundreds of thousands, if not millions, of young people from all over the world meet in one city to share and celebrate their faith.

A Legal Victory Against Obamacare—For Now
Matt Ford, The Atlantic

A federal judge in Washington, D.C., ruled against the Obama administration’s method of funding a major Affordable Care Act subsidy.

Chaldean archbishop doesn’t see Christians wiped out of Iraq
Dale Gavlak, Catholic News Service

Despite predictions that Christianity could be wiped out of his war-torn homeland within five years, an Iraqi Catholic cleric said he believes in God’s ultimate preservation.

Markets Are the Voice of the People
Steven Horwitz, FEE

The supporters of Donald Trump and Bernie Sanders seem to believe that “establishment” politicians have stopped listening to “the people” and that their preferred candidate’s policies would reverse that trend. This is an old claim with a dark past.

Blog author: jcarter
Monday, May 16, 2016

Life Expectancy is Increasing and Health Inequality is Down
Alex Tabarrok, Marginal Revolution

In an excellent new paper, Currie and Schwandt discuss the good news overall–life expectancy is up and health inequality is down, in some cases dramatically.

Why Trade Doesn’t Cause Unemployment
The Heritage Foundation

Recently, some have claimed that international trade is responsible for unemployment in the United States. It can be shown that over the last 40 years this has not been the case.

Federal Programs Keep People Poor
Veronique de Rugy,

We can’t tax our way to greater income mobility.

Fatima relevant to today’s religious freedom struggles
Father Jeff Kirby, Crux

Friday is the thirty-fifth anniversary of the attempted assassination of St. John Paul II in St. Peter’s Square in 1981. The date is significant, since May 13 is also the anniversary of the apparitions of Mary in the small Portuguese town of Fatima in 1917.

Blog author: jcarter
Friday, May 13, 2016

Vatican bank chief: now ‘impossible’ to launder money
Nicole Winfield, Associated Press

The head of the scandal-marred Institute for the Works of Religion, better known as the “Vatican bank,” declared Thursday it’s now “impossible to launder money” there after a years-long cleanup that saw norms imposed to fight money laundering and tax evasion.

The Gig Economy Helps All, From Rich to Poor
Daniel Huizinga , Opportunity Lives

“The gig economy is paying off for workers who are already among America’s highest earners,” the Wall Street Journal reported last week. The story asserted that companies such as Airbnb and Uber likely weren’t making much of a dent in income inequality.

Millennials Embrace Socialism, but Do They Know What It Is?
Jonah Goldberg, National Review Online

Various polls show that Millennials have a more favorable view of socialism than of capitalism. And Millennials generally are the only age group that views socialism more favorably than unfavorably.

Why Capitalism and Feminism Are Both Good for Women
Anne Bradley, Institute for Faith, Work, and Economics

Capitalism and feminism rightly understood go hand-in-hand in freeing women to pursue their vocations with energy and creativity.

Blog author: jcarter
Thursday, May 12, 2016

The Free and Virtuous Society
George Weigel, EPPC

Christians have been thinking through their relationship to the tangled worlds-within-worlds of politics, economics, and culture for nearly two millennia.

How to Develop a Christian Ethic
Russell Moore

Not long ago I got an email from a Christian man who asked me, “What can I do to become knowledgable in Christian ethics?”

The Wisdom to Know Which Causes of Inequality Can Be Changed
Megan McArdle, Bloomberg

“Equality,” wrote Balzac, “may be a right, but no power on earth can convert it into a fact.”

Google to ban payday loan advertisements
Andrea Peterson and Jonnelle Marte, Washington Post

Google announced Wednesday that it will ban all payday loan ads from its site, bowing to concerns by advocates who say the lending practice exploits the poor and vulnerable by offering them immediate cash that must be paid back under sky-high interest rates.

Blog author: jcarter
Wednesday, May 11, 2016

The Evangelical Roots of American Economics
Bradley W. Bateman, The Atlantic

As the discipline began to emerge, a group of passionately religious academics wanted it to become a tool for limiting child labor and fighting poverty.

Six Ways the Recession Inflicted Scars on Millions of Unemployed Americans
Ben Leubsdorf, Wall Street Journal

Damage from a layoff can include smaller paychecks for decades, lower rates of homeownership, psychological issues and perhaps even shorter lifespans.

Can Biblical Stewardship Save the Nation?
Hugh Whelchel, Institute for Faith, Work, and Economics

What can Christians do, then, about the situation unfolding in our country?

Admiration for Pope Francis in sharp decline, study shows

Three years into his papacy, a recent study shows global admiration for Pope Francis is in sharp decline.

Blog author: jcarter
Tuesday, May 10, 2016

The Poverty of Liberal Economics
Adrian Walker, The Imaginative Conservative

Instead of delivering economic freedom tout court, liberal economics delivers a certain, liberal form of economic freedom—one that, as we will see below, is actually an unfreedom.

How Capitalism Took Over Sports Movies
Mike Miley, The Atlantic

In popular culture, businessmen and managers have ousted teams and players as dramatic heroes.

The inequality that matters most (hint: it’s not income)
Allison Schrager, Quartz

Income inequality in the US has increased in the last few decades, but inequality and well being are different

How Local Churches Anger The Gods Of Government
Douglas E. Baker, The Federalist

Secular liberals insist separating church and state ultimately means an impossible separation of religion and politics—and this zealous belief is eroding American freedom.

Blog author: jcarter
Monday, May 9, 2016

President Obama calls for higher minimum wage following disappointing job report
Jeva Lange, The Week

Following the weakest job report in seven months, President Obama spoke to the press Friday about the economy and publicly called for Congress to raise the minimum wage.

Half a Billion of Our Children Are Growing Up in War, Famine and Other Catastrophes
Annalisa Merelli, Quartz

An estimated 462 million children of school age live in countries affected by humanitarian crises—including war, famine, and deadly epidemics—a UNICEF report published on May 4 found.

How to solve charter schools’ biggest challenge
Jenn Hatfield and Ian Lindquist, U.S. News & World Report

Since the turn of the century, there has been an explosion in student demand for charter schools. The number of charter schools has more than quadrupled during that time, from roughly 1,500 to over 6,800, yet the number of students on waitlists topped one million for the first time in 2014.

Could Adam Smith Have Loved Distributism?
Alexander Salter, The Imaginative Conservative

[T]here are, I contend, several areas where those who are intrigued by distributism, and those who are practicing, mainline political-economists, can find common ground. The most promising common ground lies in the selection of means for advancing similar, or even common, ends.