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The spiritual core of liberty

Last week FEE published an essay by economist Dierdre McCloskey titled “The Core of Liberty is Economic Liberty.” McCloskey writes, [E]conomic liberty is the liberty about which most ordinary people care. Continue Reading...

Explainer: What you should know about single-payer healthcare

Today, Vermont Senator Bernie Sanders is unveiling his legislation for a single-payer healthcare system. Here is what you should know about single-payer systems and Sanders’s proposal: What is single-payer healthcare? In a single-payer healthcare system, the government pays for all medically necessary service for of all citizens, regardless of income or ability to pay. Continue Reading...

The consuming self as tyrant

“Consumerism is, quite precisely, the consuming of life by the things consumed. It is living in a manner that is measured by having rather than being.” -Richard John Neuhaus In a free economy, we each serve distinct roles as both producers and consumers. Continue Reading...

Upstream: A Conversation on Artist Renee Radell

On the Upstream segment of this week’s Radio Free Acton podcast, I discuss the visual art of Renee Radell with Gregory Wolfe. Radell’s work is the subject of Renee Radell: Web of Circumstance (Predmore Press, 2016, 220 pages, $80), a book presenting a career overview of her artistic efforts. Continue Reading...

PowerLinks 09.13.17

The Core of Liberty Is Economic Liberty Deirdre N. McCloskey, FEE Indeed, economic liberty is the liberty about which most ordinary people care. Why religious liberty matters for creativity Jason Thacker, ERLC Religious liberty is a right given to each person by God and must be used responsibly. Continue Reading...
PowerLinks

Erasing the cross: Public vs. private sector

The European discount grocery chain Lidl stirred controversy by removing the cross from its products’ labels, so as not to give offense. Eagle-eyed consumers noticed that Eirdanous, its Greek food line, featured a picture of a blue-domed Greek Orthodox Church by the sea – but unlike every other such church, its cupola was not topped by a cross. Continue Reading...

7 Figures: Income and poverty in the U.S.

The U.S. Census Bureau released its latest report on income and poverty in the United States today. Here are seven figures from the report you should know about: 1. Real median household income increased 3.2 percent between 2015 and 2016—from $ 57,230 to $59,039. Continue Reading...

The monopoly markup

Note: This is post #48 in a weekly video series on basic microeconomics. Ever wonder why pharmaceuticals are so expensive? In this video by Marginal Revolution University, Alex Tabarrok shows how low elasticity of demand results in monopoly markups. Continue Reading...