Reduce Inequality By Redistributing Innovation

Inequality in consumption used to be a matter of acreage. Throughout most of history, economic value was chiefly found in land or personal property. The divide between the rich and the poor was therefore between those who owned property and those who did not. Continue Reading...

PowerLinks 12.18.13

Two Proven Ideas to Help the Poor Richard Turnbull, Institute for Faith, Work, and Economics In alleviating poverty, we often talk about the need for solutions on the local and individual level. Continue Reading...

Donors vs. Owners in ‘Business as Mission’ (and Beyond)

“Do economic incentives help or hinder ‘business as mission’ (BAM) practitioners?” In a forthcoming study, Dr. Steven Rundle of Biola University explores the question through empirical research. Unsatisfied with the evidence thus far, consisting mostly of case studies and anecdotes, Rundle conducted an anonymous survey of 119 “business as mission” practitioners, focusing on a variety of factors, including (1) “the source of their salary (does it come from the revenues of the business or from donors?),” and (2) “the outcomes of the business in terms of the four ‘bottom lines’ of economic, social, environmental and spiritual impact.” The reason for focusing on such areas? Continue Reading...

Was Having Kids Ever a Paying Venture?

As any parent can attest, kids are expensive. They take up space (increasing the cost of housing), eat everything in your kitchen (increasing the grocery bill), never remember to turn off lights (increasing the cost of utilities), and find dozens of other ways to drain your banking account. Continue Reading...

Liberty in Two Keys

When we think of our freedoms and how they are basic to our society yet freedoms seem to be out of control in so many ways since the 1960s, we probably need to pull back and consider those freedoms from a new perspective. Continue Reading...

PowerLinks 12.17.13

Power Tends to Corrupt Christopher Lazarski, Liberty Law Blog In this podcast, Lazarski underscores Lord Acton’s historical quest to find the conditions of liberty, as well as his formal understanding of what constituted liberty. Continue Reading...