I’m hosting this month’s Oekologie environmental science blog carnival. Lots of interesting stuff if you’ve got a hankering for a little less politics shaken on your greens.
The 2008 Samaritan Award opens today! If you know of a great charity or non-profit organization that directly serves members of a vulnerable population and receives little to no government funding, please encourage them to apply. The grand prize is $10,000 and there are several smaller awards for runners-up.
From the Samaritan Award website:
This $10,000 grand prize is awarded once a year to an exceptional and privately funded nonprofit that fosters deep personal change in the individuals they serve. A comprehensive application makes a program eligible for the Award and enters it in the Samaritan Guide.
The Samaritan Guide encourages effective charity within the United States by providing information on nonprofits that are supported primarily by private donations. Every charity that applies for the Samaritan Award is included in the Samaritan Guide.
How do we evaluate taxes?
Ahhh, it’s spring! The weather is warming; the trees are blooming; and our minds turn inevitably toward taxes. In addition to filing our 1040’s in time for April 15th, the average worker (over 25 years old) has already lost an additional $2,000 this year to the federal government’s payroll (FICA) taxes on income.
At the state level, the Governor and the legislature just passed property tax reform. People are mildly irritated at the recent 16.7 percent increase in the sales tax rate on April 1st. But they’re looking forward to lower property tax bills in the future.
All of this begs the question: How should we evaluate taxes?
Economists answer this question with three criteria. (more…)
On Friday April 11, the Vatican newspaper, L’Osservatore Romano, featured a front-page article on the progress made in international development since Pope Paul VI wrote the encyclical Populorum Progressio in 1967. The author of the article, Fr. Gian Paolo Salvini, S.J., is director of the journal La Civiltà Cattolica. He has a degree in economics and since he has lived in Brazil for many years, he has first-hand experience of development issues.
Salvini’s article is entitled “Incomplete Development” (“Uno sviluppo incompleto”) but his overall assessment of what has happened over the last 40 years is positive. He cites various statistics showing that “spectacular progress” has been made in terms of reducing absolute poverty. The number of people who have to live on less than one dollar a day has fallen from 29 to 18 per cent between 1990 and 2004. Also the data for longevity, child mortality and literacy show clear improvements.
Salvini identifies international trade as one of the key factors that has contributed to this trend. He is aware that progress has been uneven and that improvements in Asia have been far more marked than in Africa. This highlights that “the greatest success stories are due to the formula industrialize for exports”.
His most striking example to illustrate this point is that of South Korea. The fact that the country’s economic indicators were similar to those of Zaire (today the Democratic Republic of Congo) in the 1960s reflects the central importance of engaging with international trade: Korea’s achievement is largely due to its ability to export its manufacturing products to North America and Europe. This also explains why Dependency Theory, which was fashionable in the sixties and which advised developing countries to disengage with global trade, “is not taught anymore”.
The power of trade to transform poor countries is nowadays beyond doubt and Salvini notes that today it is often “the developing world which is asking for more free trade”, whereas Europe and the United States are obstructing the free flow of goods in agriculture.
But towards the end of the article, Salvini raises a more critical point regarding achievements in international development. He says that in contrast to absolute poverty, relative poverty is increasing: “The distance between those who are doing well and those doing badly, or to put it better, those who are doing well and those who are doing less well is growing.”
Salvini does not provide any data to illustrate this point and his assertion is, in fact, questionable. At the Populorum Progressio conference organized by Istituto Acton in Rome in February, Prof. Philip Booth from the Institute of Economic Affairs in London, specifically addressed the issue of relative poverty:
We should recognise that relative poverty has decreased during the process of globalisation .… Most dramatically, the gap between countries that have recently seen rapid growth and those countries that have been relatively well off for many decades has narrowed significantly … Whilst European Union countries, the US, the UK and Japan grow well below the world average (indeed disposable incomes are broadly stagnant across much of the developed world), over half the world’s population now lives in 40 countries that are growing at more than 7% per year. Development is happening and is benefiting huge numbers of previously-poor people.
Salvini may be referring to an increase in income inequality within countries but in that case he is not looking at poverty in terms of human needs and real deprivations, but as compared to an abstract “ideal”.
Reducing income inequality may seem like a noble aspiration, but it is of minor importance. Prioritizing the alleviation of relative poverty would yield the absurd situation where society as a whole is made poorer only to make it more equal. A desire for greater equality should not justify giving up the real and tangible benefits globalization has brought the poor over the last couple of decades.
This piece brought tears to my eyes…(not the commercial)
All that stuff we’ve heard about global warming being unquestionably responsible for more frequent devastating hurricanes? About how the devastation we saw after Hurricane Katrina would soon be the norm? Yeah, not so much:
One of the most influential scientists behind the theory that global warming has intensified recent hurricane activity says he will reconsider his stand.
The hurricane expert, Kerry Emanuel of the Massachusetts Institute of Technology, this week unveiled a novel technique for predicting hurricane activity. The new work suggests that, even in a dramatically warming world, hurricane frequency and intensity may not substantially rise during the next two centuries.
The research, appearing in the March issue of Bulletin of the American Meteorological Society, is all the more remarkable coming from Emanuel, a highly visible leader in his field and long an ardent proponent of a link between global warming and much stronger hurricanes.
Lessons to learn (again) from this:
- Our understanding of Earth’s atmosphere isn’t anywhere near complete.
- Therefore, the “consensus” that we often hear about on the potential effects of climate change isn’t necessarily correct.
- As such, we should be wary of those who propose drastic responses to a “crisis” that we simply do not fully understand.
Dr. Jay Richards has noted many times that there are four questions we should ask about climate change before we implement any policy in response to it. You can hear him talk about those questions next Thursday here in Grand Rapids. Check that link for more information.
Late last month I argued that recipients of the federal government’s stimulus package “should use this rebate money as they see fit, since they are the ones most familiar with their own situations and their own needs. Consider giving part of the money to charity or saving, paying off debt or investing.” Now other voices are giving similar advice, recommending saving rather than spending.
Rick Haglund, a Michigan business columnist for the Grand Rapids Press, notes that “Some saving measures can go a little too far, though. I recently heard a personal financial consultant say people can save by no longer buying that cup of coffee and newspaper on the way to work.”
“Give up the coffee, but please, please keep buying the paper. The newspaper business is in a terrible financial state,” he writes. Haglund thinks that newspapers are more important to the country than coffee…a debatable proposition. Coffee, not oil, might well be the lifeblood of American enterprise.
But the economic status of newspaper publishing is in a strange place. I’ve been getting the weekend paper for a year or so, and when I renewed I received a call from the paper just to tell me that I’d be getting the rest of the week for free (a good thing too, or I would have missed Haglund’s column).
It reminded me of getting a postcard in the mail from the government telling me to expect a rebate…no notice necessary, just send the free stuff and the money. I don’t think it cost the Grand Rapids Press millions of dollars to make the phone calls, though (it cost the feds $42 million to mail out those inane little rebate notices).
In any case, it makes more sense for many newspapers to give their issues away to get a boost in circulation numbers than it does to count on the income from subscriptions. I also recently saw one of the narrowest daily newspapers I had ever seen last weekend, part of the trend to cut printing costs. (I can’t complain too much, though, since the Port Huron Times Herald has published more than one of my commentaries. Keep up the good work!)
Of course, some folks, like Betty J. Mazur, are going to do just what the government wants them to do with the money. “I’m going to buy new clothing with my check,” she said. (The piece linked above is in part about how it is necessary to file federal taxes for 2007 in order to get the 2008 rebate. Marketplace discusses that, and also debunks some myths about the rebate, here.)
Oh, and don’t forget to blame conservative theology for the credit crisis. After all, it seems as if adherents to so-called “conservative” theology don’t save as much as they ought.
How any decent sociologist could have this reaction is beyond me: “Keister was surprised that when demographic factors — such as education, age and race — were held as constant, religion still proved to be an influential factor in wealth accumulation” (emphasis added).
Keister says a typical “conservative Protestant” might be a member of the Assemblies of God, Churches of Christ, Nazarene and Pentecostal churches. I guess they’ve forgotten what John Wesley said.