It’s the oldest profession, right? It’s worldwide, and attempts to criminalize it don’t seem to work. Does legalizing prostitution solve any problems?
That’s the question Nisha Lilia Diu of The Telegraph set out to answer. Continue Reading...
Latest Posts
March 06, 2014
Samuel Gregg: ‘Must Catholics Favor Socialized Medicine?’
March 06, 2014
Book Review: ‘A Mother’s Ordeal – One Woman’s Fight Against China’s One-Child Policy’
March 06, 2014
PowerLinks 03.06.14
March 05, 2014
Bitcoin is (Nearly) Dead
March 05, 2014
Michael Novak: ‘Capitalism is Lifting the World out of Poverty’
Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains:
Even in developed nations, most jobs are found in small business. Continue Reading...

March 05, 2014
Tattooing Justin Bieber’s Heart
March 05, 2014
Chevron, Ecuador, and the Interfaith Rush to Judgment
March 05, 2014
Why Attitudes About Competition Matter
In an excerpt from the splendid PovertyCure series, Michael Fairbanks offers a helpful bit on why our attitudes about competition matter for economic development:
I can predict the future of a developing nation better than any IMF team of economists by asking one question: “Do you believe in competition?” When I go to Venezuela and I say, “do you believe in competition?,” they say “competition means the rich get richer and the poor get poorer.” They say “competition is the unnecessary duplication of effort because you have two firms doing the same thing.” They say “competition is a quaint North American concept that doesn’t apply here.”
But when I go to Silicon Valley and I say,“What do you think about the word competition?,” they say, “Well, I love competition, because even when I lose, I learn something. Continue Reading...

March 05, 2014