Posts tagged with: property

Grand Rapids Aerial (Office of FIl,, Music and Special Event)Grand Rapids, Mich. has 34.6 percent canopy cover according to the Grand Rapids Urban Forest Project website, and has a goal of reaching 40 percent across the entire city. Canopy cover refers to the amount of space covered by the shade of a trees canopy as seen from overhead. If you have ever parked your car in a blacktop lot on a sunny day with no tree cover you can understand the value of shade, but is it worthy of taxpayer dollars and the sacrifice of property rights?

The 2011 Green Grand Rapids amendment to the City’s Master plan established the new goal of 40 percent canopy cover. The city and organizations pushing for the 40 percent canopy goal believe that the community can gain great economic benefit by accomplishing this goal. They claim that the urban forest protects against floods, pollution, and even reduces energy usage through increased shade and cooling.  This economic benefit has been calculated with the assistance of I-tree, a program developed by USDA to perform benefit analysis of increasing the urban canopy. Over the last couple of years there have been thousands of trees planted along streets and in public areas through the efforts of these organizations and others like Friends of Grand Rapids Parks, the City of Grand Rapids Office of Sustainability and Energy, and Alliance of Community Trees, but this has barely scratched the surface of achieving this goal. Therefore, this goal is unlikely to be achievable using only public land which may lead to some issues with property rights. (more…)

FT_14.07.10_destructionReligiousPropertyWenzhou is called “China’s Jerusalem” because of the number of churches that have popped up around the city. And Sanjiang Church was, according to the New York Times, the “pride of this city’s growing Christian population.”

That was before the government brought in bulldozers and razed the church building to the ground.

The government claimed the the church violated zoning regulations, but an internal government document revealed the truth: “The priority is to remove crosses at religious activity sites on both sides of expressways, national highways and provincial highways,” the document says. “Over time and in batches, bring down the crosses from the rooftops to the facade of the buildings.”

Unfortunately, China is not the only country that is inflicting damage on religious property. A new Pew Research Center analysis finds that such incidents are occurring in almost three dozen countries around the world:
(more…)

“In this part of the country, land is life,” says a young Ugandan woman. “Good dreams are about your land.” But widows and orphans are often denied access to their own land because of “property grabbing.”

As Jesse Rudy, the International Justice Mission Director in Uganda explains, property grabbing occurs when a man dies in Uganda and his relatives force the widow and her children off of their land, claiming it as ancestral “family land” disowning the widow from the man’s family.

International Justice Mission (IJM) is working to ensure that private property laws in Uganda are upheld and enforced. With the assistance of IJM, more than 650 widows and orphans have been able to recover their land.

As Kristie Eshelman says, “The work of IJM in Uganda is more example of how important well-enforced private property rights are to human prosperity – and how much we take them for granted in our own society.”

(Via: Institute for Faith, Work, and Economics)

JMM_16 2The most recent issue of the Journal of Markets & Morality, vol. 16, no. 2, has been published online at our website (here). This issue’s articles explore a range of subjects from biblical understandings of poverty, Islamic scripture, John Locke, the ills of apathy, an Eastern Orthodox view of the family and social justice, and much more.

In addition, this issue includes our regular symposium of the papers from the Theology of Work Consultation at the Evangelical Theological Society’s 2012 conference.

2013 marked several important anniversaries, as executive editor Jordan Ballor points out in his editorial, (more…)

Women tending a farm field in Kosovo

Women tending a farm field in Kosovo

In its first five years as an independent country, Kosovo has not experienced the positive developments that were hoped for, and remains far behind most countries in terms of economic development and rule of law. It is one of the poorest countries in Europe, boasting a meager 2012 per capita GDP of $3,453. Partly accounting for this low statistic is the minimal involvement of women in the economy. A 2012 World Bank report measures the portion of working-age women employed to be only 11 percent.

Along with scarce economic engagement, Kosovo struggles with corruption. It remains among the countries with the highest corruption levels, receiving a Corruption Perceptions Index 2012 score of 105, a far worse ranking than most states in the region.

In her recent lecture at Calvin College, Sandra F. Joireman, Weinstein Chair of International Studies and professor of Political Science at the University of Richmond, touched on these topics in relation to another major issue in Kosovar society: private property. In her presentation she explained that, “only 8 percent of property in the country is owned by women.” This statistic is far below most all other countries, including Balkan states.

(more…)

On Sept. 18, the Acton Institute held its annual dinner and lecture in downtown Pittsburgh at the Duquesne Club.

J. Christopher Donahue, president and chief executive officer of Federated Investors, Inc., emceed the event and Lisa Slayton, president of Serving Leaders and The Pittsburgh Leadership Foundation, gave the invocation for the evening.  Rev. Robert A. Sirico, president and co-founder of Acton, gave the keynote lecture for the evening:  “Religious Liberty and Economic Liberty:  Twin Guarantees for Human Freedom.”

Rev. Sirico started the evening by talking about why property rights are important to liberty.  Property allows us to put ourselves into the creation of things.  Humans have the capacity to create wealth.  The human being transcends creation as we are able to create.  “Without the right of property, civilization begins to crumble,” Rev. Sirico said. “Culture begins to crumble.”  He gave a textbook example of this—the former Soviet Union. Both religion and property rights were confiscated–and you can see what happened. (more…)

Tunisia Arab SpringConversations about economic development often gravitate toward such topics as monetary policy, trade regulation, tax structures, infrastructure, etc. These are critical pieces of the puzzle indeed, but there exist even more primary components of prosperity that are often skipped over.

In our interview with Samuel Gregg, director of research at the Acton Institute, he lists a few of the foundational elements of growth:

Rule of law is essential if you want to have a functioning economy. You cannot have a functioning economy without secure property rights. You cannot have a functioning economy unless contracts are enforced. You cannot have a functioning economy if government officials can act in an arbitrary fashion.

The Property Rights Alliance, a Washington D.C.-based think tank, publishes research concerning private property and rule of law. Earlier this month, the organization released its annual 2013 International Property Rights Index (IPRI), which measures the intellectual and physical property rights of 131 nations from around the world, representing 98% of world GDP.

The 2013 IPRI represents the seventh edition of the index and focuses on three core components:

  1. Legal and Political Environment
  2. Physical Property Rights
  3. Intellectual Property Rights

Countries received a score (on a scale of 0 – 10, where 10 is the highest value for a property rights system and 0 is the lowest value) in each of these areas; those scores were then averaged to calculate the “IPRI score.” The countries receiving the top five IPRI scores were Finland, New Zealand, Sweden, Norway, and the Netherlands. The United States claimed the 17th spot.

(more…)

Faithful in All God's House DeKosterIn Faithful in All God’s House: Stewardship and the Christian Life, Lester DeKoster and Gerard Berghoef explore the range and reach of Christian stewardship, emphasizing that the practice of stewardship extends far beyond the handling of our money, stretching into life and time and destiny.

The practice of stewardship is “the supreme challenge of the Christian life,” they argue, and thus, we must strive to properly orient our thinking and behavior accordingly. The forms of stewardship are submitted to all of us. “None is beyond our reach — if the heart is aware, and the will bent to do God’s service wherever and whenever.”

Such awareness begins with a basic understanding of the fundamentals of stewardship, and DeKoster and Berghoef set forth five distinct principles to help lay the groundwork for their discussion. These principles, as revealed in Scripture, are summarized as follows:

  • God creates, sustains, and thus owns all things — man included. Not only in the beginning, but always. Every child born into the world receives life from God.
  • God brings us to life within this vast, beautiful, and challenging world and permits us to use and enjoy all that he sustains.
  • He intends, however, that his will shall govern our wills and his desires shall control our desires. He reveals his will in inspired Scripture. As we walk in his world, his word is a lamp to our feet and a light for our paths (Ps. 119:105).
  • Our use of God’s property, whether as faithful or rebellious stewards, is, therefore, what life is all about.
  • Our obedience, or disobedience, to God’s will revealed in his Word becomes the basis for the last judgment, which is the prelude to heaven or hell. (more…)

PropertyCoverÉtienne Cabet, a French philosopher and founder of a utopian socialist movement, once said: “Communism is Christianity.” The concept of property has existed longer than Western Civilization; trying to understand what property is and who can claim it has been an important issue for centuries. But, what is the Christian view of private property and ownership?

Cabet, and others who believe that Christianity supports the concept of communism or socialism, base their opinion on one particular passage of Scripture. In Acts: 32-37, Luke tells us that no believer:

Claimed that any of his possessions was his own, but they shared everything they had…There were no needy persons among them. For from time to time those who owned lands or houses sold them, brought the money from the sales and put it at the apostles’ feet, and it was distributed to anyone as he had need. NIV

One interpretation of this passage says that the Church does not support private property, but the Christian perspective on the institution of property is not so simple. Wolfgang Grassl, professor of business administration at St. Norbert College (De Pere, Wis.), addresses this complicated and controversial issue in Property, the latest in the Christian Social Thought series from the Acton Institute.

Grassl points out that the issue of property is absolutely central to Western civilization and Christian social thought. He goes as far to say that understanding property is essential in order to understand the human person. Grassl quotes Pope John Paul II, who addressed the complexity of this issue in Centesimus Annus. He said: (more…)

Blog author: jballor
Friday, November 2, 2012
By

Encyclopedia Entry: “Arts”
Tyler Cowen. The Concise Encyclopedia of Economics. 2d ed. Indianapolis: Liberty Fund, 2007.

General economic principles govern the arts. Most important, artists use scarce means to achieve ends—and therefore recognize trade-offs, the defining aspects of economic behavior. Also, many other economic aspects of the arts make the arts similar to the more typical goods and services that economists analyze.

(more…)