In a recent Acton Commentary, Stephen Grabill and Brett Elder reflect on the tension that often exists between conceptions of ministry in the church and in the world. They point especially to the Cape Town Commitment, which on the one hand identifies a “secular-sacred divide as a major obstacle to the mobilization of all God’s people in the mission of God.”
But on the other hand, write Grabill and Elder, “The gulf between economics and theology in evangelical social engagement and missionally informed action is a momentous barrier that must still be overcome before we can truly embrace all legitimate vocations as sacred and worthy callings.”
There are some positive signs on this front, however, and the workplace section of the Cape Town Commitment is one of them. A piece by Rob Moll in today’s Wall Street Journal highlights this hopeful trend, as he writes, “Not only does the church tend to privilege church and missionary service over business, but it often condemns business practices and implies the guilt of any participants. Yet there are signs that this dynamic is changing—not least because churches rely on the donations of business professionals.”
After hearing about an established Christian publisher recently launching an official blog for their products, I did some thinking about the relationship between the traditional publication outlets and social media.
I’m sure that traditional publishers have a relatively large budget for print advertising, but it seems that they are very slow to hire professionals to do serious social media work, blogging, and online advertising. This seems true at least in the academic markets and relative to their print marketing outreach. And the blogs that publishers do have are usually not very good, although there are exceptions.
All this is true even though there are a number of reasons why digital advertising is better than traditional print. With digital advertising and outreach you can get real numbers in terms of reactions in real-time, seeing almost immediately what is effective and what isn’t. But you are also engaging people in a place where they are much more likely to buy and doing so is far easier.
If someone sees an ad in a magazine, they have to either stop what they are doing and go to a computer or pick up the phone, or remember to do so later after they’re done reading the magazine. When you reach someone on a website, Twitter feed, or a blog, they already poised to buy in that they are always one click away from Amazon, where they already have an account set up, and so on.
And despite many of the rumors of the death of blogging, I liken the relationship of blogging to social media to the relationship of journalism to blogging. Without blogs and the kinds of content generated on blogs, there’s far less to drive social media, just as without journalistic content there’s far less to drive blogging. So I don’t see blogging going away any time soon, but the turnover rate of blogs will continue to be high because of the variety of competitive voices and sources for news, commentary, and promotion. The kinds of transition over at First Things in recent years, which has really become a full-service complement to the print publication, seems to me to be a good model for established publications looking to broaden their digital footprint.
My latest for Acton Commentary. I’m also adding a couple of videos from Hotep and the Institute for Justice.
Let the Hustlers Hustle
By Anthony Bradley
If necessity is the mother of invention, then there is nothing worse than quenching the entrepreneurial spirit of people seeking to improve their situation by imposing arbitrary third-party constraints. America’s unemployment problems linger because hustlers cannot hustle.
For many, “hustling” connotes business activity that is shady, or even illegal. But in the black community it is common to use the term to describe the entrepreneurial spirit that drives people to take risks to meet one’s needs and to provide legitimate services through creative enterprise in the marketplace. The latter view is the one taken by indie Hip-Hop mogul Hotep, who has created Hustler University as an effort to redeem hustling as a way to create space for economic empowerment. Clients include the NAACP, the Urban League, Clemson University, the National Education Association, Illinois Public Schools, and Morehouse College.
Hotep defines a “hustler” as “an enterprising person determined to succeed, [a] go-getter.” Participants in Hustler University are exposed to the idea that human beings were made to be innovative and creative and “to manifest our dreams into creation,” says Hotep. Among the Hustler’s 10 Commandments that Hotep aims to teach today’s entrepreneur are the aphorisms “your network is your networth,” “the early bird gets the worm,” and success is “where opportunity meets preparation.”
Hotep offers helpful direction, but for independent-minded hustlers to succeed and thereby benefit both themselves and their communities, they need an environment that provides them opportunities to work freely. While there are many factors that keep entrepreneurial spirit dormant such as laziness, the absence of mentors, and skill deficiencies, one of the greatest obstacles is the mass of regulations generated by federal, state, and local governments.
The Institute for Justice recently released a report describing how government regulations prevent entrepreneurs from taking off. In Houston, for example, hustling a mobile food truck business is nearly impossible. For starters, a would-be mobile food entrepreneur must obtain a license from the City of Houston Department of Health and Human Services. Potential hustlers must submit, in-person, two sets of plans that satisfy a 28-point checklist. During the government truck inspection, the vendor must provide extensive documentation including an itinerary and route list. He is required to pay $560 in fees, which includes $200 for the installation of an electronic tracking device. Operators must also disclose their menu, including every ingredient used as well as its origin, and how each dish is prepared. Even worse, a form must be filled out for each ingredient. This is just a sampling of the regulations in one city. Similarly daunting tangles of red tape exist in every jurisdiction in America, preventing entrepreneurs from starting and maintaining small businesses.
It’s clear that this regulatory regime especially hurts small businesses, the primary source of new jobs. Mark Crain, William E. Simon Professor of Political Economy at Lafayette College, conducted a study several years ago describing the disproportional burden imposed by federal regulations on small business. Crain found that firms with fewer than 20 employees spend 45 percent more per employee complying with federal regulations than do larger firms. Small firms spend 67 percent more per employee on tax compliance than larger firms do, and, compared to the largest companies, more than 4 times as much ($3200 vs. $700) per employee to comply with environmental regulations.
The black unemployment rate currently (January 2011) stands at 15.7 percent. Hispanics are a little better at 11.9, but both lag whites at 8 percent. The last thing we need are burdensome government regulations preventing hustlers from hustling. Whether intentionally job-killing or not, these types of government regulations dampen the entrepreneurial spirit of people who are trying to improve their situation and make contributions to the civic good by providing services that people need. Based on employment figures, these regulations arguably affect blacks and Hispanics disproportionately.
If America is really serious about addressing abysmal unemployment rates, federal, state, and local governments would do well to take the handcuffs off of hustlers and free them from the regulations that keep them from creating wealth. In other words, get government out of the way and let the hustlers hustle!
Michael Kinsley has a column up at The Politico in which he claims to debunk a series of Reagan myths. The one that annoys me the most is the one that is obviously and clearly incorrect and at the same time gets the least explanation from Kinsley. Here it is:
6. The Reagan tax cuts paid for themselves because of the Laffer Curve. Please.
With every other “myth” Kinsley takes on, he at least feels the need to explain himself. Not so with the Laffer Curve. I suspect the reason Kinsley doesn’t narrate here is because the slightest bit of examination would reveal that the Laffer Curve is AXIOMATICALLY TRUE.
Too much? No. The Laffer Curve is undeniable. It looks like this:
It is very simple. If you tax at either 0% or 100% you will get nothing because either there is no tax OR the effort of making money is not worth it. You can increase taxes to some optimum point where you will continue to get more revenue up to the point where increased taxation becomes counterproductive because it causes people to reduce their effort. We observed this phenomenon actually occurring in the United States when we had ultra-high marginal tax rates. Various types of earners curtailed their effort once they hit the magic level at which they would begin to pay the highest rates. They preferred to put off additional activity until the next year. Famously, the detective novels about Nero Wolfe mentioned his tendency to take a few months off at the end of the year because of the top rates of taxation.
Because people react rationally to high rates of taxation, you will realize less revenue because of a reduction in taxable activity. What exactly is Kinsley saying “Please.” about? Does he deny that moving from a 70% tax on the highest earners to a rate in the 30′s or high 20′s could lead to increased revenue as top producers expand their efforts and investments AND stop working so hard to conceal money they have made and otherwise evade taxation? At a lower rate, it is obvious that non-compliance becomes a risk much less worth taking.
No, Reagan’s embrace of the Laffer Curve was the most rock-solid common sense. And by the way, look at federal revenues after the tax reduction. Real federal revenues increased quite nicely.
The only way the Laffer Curve would be wrong is if one misinterpreted it, as some do. For example, anyone suggesting you would gain more revenue by reducing a 20% tax rate to 10% is probably wrong. But moving out of the prohibitive zone, which is likely anything over 50%, is a shrewd policy decision.
Wrapping up our recap of last year’s Acton Lecture Series, today we present two additional lectures for your enjoyment.
The first was delivered in April of 2010 by Acton President Rev. Robert A. Sirico, and was entitled “Does Social Justice Require Socialism?” In this lecture, Sirico examined the increasing calls for government intervention in financial market regulation, health care, education reform, and economic stimulus in the name of “social justice”.
And finally, we present Jordan Ballor’s lecture from July of 2010, entitled “Ecumenical Ethics & Economics: A Critical Appraisal.” On the heels of the Uniting General Council of the World Communion of Reformed Churches (Grand Rapids, Michigan, June 18-27 2010), and in anticipation of the eleventh General Assembly of the Lutheran World Federation (Stuttgart, Germany, July 20-27 2010), Jordan J. Ballor looked at recent developments in the public witness of the mainline ecumenical movement. Focusing especially the question of economic globalization, he responded to ecumenical pronouncements, subjecting the movement’s witness in its various forms to a thoroughgoing ecclesiastical, ethical, and economic critique.
God and Money passes along a news story about a church in Nebraska raising money “to buy motorcycles (probably not Harleys) for pastors in the African country of Tanzania. Pastors there serving multiple congregations cannot simulcast their sermons–they have to walk upwards of 60 miles to be with their flock.”
It brings to mind the early American Methodist practice of sending out circuit riders. But it also illustrates the kinds of needs that can be met in unconventional ways. This is the key insight that allows a venture like World Bicycle Relief to be effective.
We often bring our own preconceptions about what life should be like when we encounter and engage those in other parts of the world. That’s how we come up with the idea that what the poor in Africa need are laptops and access to the Internet. No. What is really needed now is much more basic, things like bicycles and motorcycles.
Rev. Robert Sirico, president and co-founder of the Acton Institute called Ronald Reagan a “sunny warrior for freedom” with “a clear sense of moral priority.” The commentary was written a day after the former president’s death in 2004. If you walk into the Acton office you might notice a photo of Rev. Sirico and Acton executive director and co-founder Kris Mauren with Reagan at his former office in Century City, California. He holds a visible imprint at Acton.
Sunday is Ronald Reagan’s centennial birthday. ABC News has a good overview of some of the festivities. The Super Bowl even has a tribute video planned for the giant jumbotron in Dallas. The centennial site at the Reagan Library has news about the celebration and a list of events. General Electric, a former employer of the president, has their own centennial page.