Bureaucracy kills

While post-tsunami aid pledges totalled $2 billion for Sri Lanka, “Politics and bureaucracy though have kept that money from those most in need,” reports APM’s Marketplace. The report goes on to describe the importance of micro capital loans for rebuilding the economic marketplace, since it’s essential not to create an aid-dependent society. Continue Reading...

Fourth place doesn’t get you a medal

Now that the crew of Space Shuttle Discovery is safely back on terra firma (along with the entire shuttle fleet, which has once again been grounded over safety concerns), arguments over the future viability of the Shuttle program have resumed in earnest. Continue Reading...

Metaphysical technology

In this week’s Acton Commentary, Dave Phelps looks at the case of Susan Torres, a woman who gave birth while reported to be brain dead. The case was considered by some to be a miracle. Continue Reading...

The backlash against Kelo vs. City of New London

Dr. Samuel Gregg appeared on Kresta in the Afternoon on Ave Maria Radio yesterday to discuss the public outrage over the recent Supreme Court decision that allowed the taking of private property through eminent domain for private economic development reasons. Continue Reading...

Reducing waste is good stewardship

This Wired News article looks at the practices of various companies committed to reducing manufacturing and industrial waste. Cutting waste makes good economic and environmental sense. “Anything that’s waste is an inefficiency in the process, and inefficiency is lost dollars,” says Patricia Calkins, vice president for environment, health and safety at Xerox. Continue Reading...

Remembering Nagasaki

On August 9, 1945, 60 years ago today, the second atomic bomb named “fat man” was dropped on Nagasaki, Japan. Total casualties from the bomb are estimated at about 100,000, many dying from the effects of radiation following the dropping of the bomb. Continue Reading...

Protecting 21st century know-how

Hopeful signs are emerging for the future of economic prosperity in Europe despite some serious opposition. The European Parliament recently moved to scrap the ratification of an informal agreement reached last year by EU member states and supported by the European Commission, that would have made important strides forward in the legal recognition of intellectual property rights. Continue Reading...

Dancing elephants and windmill subsidies

If you’re inclined to praise GE for its “green” makeover, featuring cutesy ads like the one in which the baby elephant dances playfully in the rainforest, William Baldwin has some practical suggestions in a piece in this week’s issue of Forbes. Continue Reading...