Posts tagged with: Dylan Pahman

Today at Mere Orthodoxy, I argue that

the duty of the Christian statesman (or stateswoman) to the poor requires defending human rights, supplying urgent needs, reducing barriers to market entry, and guaranteeing access to the institutions of justice, seeking realistic, gradual reform as possible and prudent.

Of particular interest to readers of the PowerBlog, I dedicate substantial space to explaining and advocating for free markets:

Jobs are what the poor need, and jobs are created by businesses. People settle for bad jobs only when good ones aren’t available. Thus, eliminating barriers to market entry ought to be of primary concern to the Christian statesman, combatting the unjust inequality created by closed markets. Barriers to entry include onerous occupational licensing and patent laws, high corporate taxes, zoning laws, overregulation, and subsidies. These things close markets to new competitors because, even though it might seem against their interest (except for subsidies), large, established firms are more likely to benefit from them and lobby for them (which is called rent seeking)….

In free markets, properly understood, these barriers are kept to a minimum, increasing competition and wealth creation. The more businesses there are looking for workers, the more demand there is for labor. Thus, not only will there be more jobs, but wages will be higher as well. It should be no surprise that the decline in American entrepreneurship has coincided with wage stagnation. Beyond wages, an additional benefit of increased competition is that it also drives down the price of consumer goods, thus lowering the cost of living for everyone as well. Free markets help the poor—and everyone else—in terms of production (labor), distribution (wages), and consumption (lower cost of living).

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Day five of the Holy and Great Council. Photo: Dimitrios Panagos

Recently, The Holy and Great Council of the Orthodox Church was held in Crete, culminating in a document titled “The Mission of the Orthodox Church in Today’s World”.  In the most recent Acton Commentary, research fellow and managing editor of the Journal of Markets & Morality Dylan Pahman comments on the flaws in economic principles and guidelines espoused in the document.

In framing the criticism, Pahman argues that “the statement’s economic pronouncements range from ambiguous and questionable to both wrong and harmful.”  Says Pahman:

While claiming that the “Church cannot remain indifferent to the economic processes which have a negative impact on all humanity,” the mission document gives little indication that its authors are aware of any actual, basic economic processes like competition, the price system, business cycles, creative destruction, inflation, and so on. Instead, it ambiguously asserts the “need … of structuring the economy on moral principles.”

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preachDylan Pahman has a bit of an issue with Ecumenical Patriarch Bartholomew and Archbishop of Canterbury Justin Welby. It seems the two have written an op-ed for the New York Times in response to Pope Francis’ encyclical Laudato Si’. The only problem is, according to Pahman, the two don’t sound like Christians.

The Patriarch and Archbishop’s op-ed could have been written by a deist like Thomas Jefferson, or a UN bureaucrat versed in God-talk. Sure, they vaguely mention God and creation. But the Gospel message of the Son of God become Son of Man, Jesus Christ, who suffered, died and rose again to save the world from corruption, sin, and death — a global cause and calling if there ever was one — is missing in action. (more…)

monkIn a lecture on markets and monasticism at Acton University, Dylan Pahman gave a fascinating overview and analysis of the interaction between Christian monasticism and markets. He’s written on this before and has a longer paper on the topic as well.

In the talk, he highlighted a range of facts and features, from monastic teachings on wealth and poverty to the historical realities of monastic communities and enterprises. Over the centuries, monasteries have contributed a host of products and services to civilization and culture, often countering the common assumption that all such communities are flatly against trade, production, and wealth creation.

One point that stood out in particular was Pahman’s summary of a recent study by Nathan Smith, in which Smith ponders how these communities have managed to succeed for so long, particularly given their many (internally) socialistic traits. According to one study, the average longevity of monasteries is 463 years(!), which is far longer than the lifespan of most companies and states, never mind your run-of-the-mill secular commune (Portlandia variations included).

There are a variety of forces that may contribute to this, including unique pressures of lifelong commitment, corresponding theological reinforcement, etc. But when it comes to some of the more universal traits that help monastic communities thrive, they may offer some lessons to help orient and affirm our broader thoughts about community in the context of work, trade, enterprise, and worship. (more…)

school-choice-justiceSocial justice is a term and concept frequently associated with the political Left, and too often used to champion views that are destructive for society and antithetical to justice. Yet for Christians the term is too valuable to be abandoned. Conservatives need to rescue it from the Left and restore it’s true meaning. True social justice is obtained, as my colleague Dylan Pahman has helpfully explained, “when each member, group, and sphere of society gives to every other what is due.”

A key sphere of society in which social justice is in desperate need of restoration is education. The poor deserve the same freedom to obtain a quality education that is too often reserved for those wealthy enough to rescue their children from failing schools. For this reason school choice should be considered a matter of social justice.

As Archbishop Charles J. Chaput says, lack of a quality education is a common thread among persons in severe poverty. And once stuck in deep poverty it’s very hard for anyone to escape due to the lack of skills needed to secure and hold employment:
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Blog author: jcarter
Wednesday, December 31, 2014
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In an interview on Christian distance education, Dylan Pahman, the assistant editor for Acton’s Journal of Markets & Morality, talks about the education bubble, rising costs of higher education, and whether Christian worldview integration in a distance education program is worth a premium:

Luke Morgan: As a blogger for the Acton Institute, you have written about the education bubble, the textbook bubble, and other items regarding what education costs, and how those things should work in a free market. Could you describe to me what you mean when you say: “the education bubble?”

Dylan Pahman: The idea of a bubble came up in relation to the housing bubble which took place in 2007 in the recent recession. Part [of what] happened is, the government started subsidizing home loans, because they decided “everybody aught to be able to own a home.” So there were good intentions, but what they were doing, was cutting away the calculation of risk… The bank is no longer turning people away, that they normally would have… you have easy access flooded into this market for something people really desire… a nice place to live. In doing so, [the market] ended up ballooning. Demand keeps going up, and as demand goes up the price goes up. So people are getting into more and more debt, for the same exact product until it gets to a certain point where it’s too much, too many people couldn’t handle it, and so a lot of people ended up foreclosing on their homes… it was pretty severe, and it went past the housing market, it effected our whole economy, it effected worldwide economies.

Read more . . .

Blog author: jcarter
Tuesday, August 26, 2014
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1000x598xlife-of-st-benedict-benedict-discovers-totila-s-deceit-1502.jpg.pagespeed.ic.1ArTXFMkGL“The Church fathers, East and West, have a long tradition that affirms the value of human labor,” writes Acton’s Dylan Pahman at Humane Pursuits. “And their reflections on the subject contain depths of insight still relevant for those of us who live in “the world” today, such as how to find meaning in whatever work one may do.”

On the one hand, plenty of people may not see even a little lasting good in their job. The average factory worker, for example, is replaceable. And while many factories make fine products, it likely would not encourage many to exhort them to find meaning in the product of their work—trinkets, furniture, automobiles, and so on do not have the same lasting good as working for the Peace Corps, right?

On the other hand, some people may not be physically or mentally able to work in the same way as others. Many persons with disabilities are not even able to be a “cog in the machine”—do their disabilities disqualify them from the “little and lasting” work the old man recommends?

Read more . . .