Latest Posts

How Did the Global Poverty Rate Halve in 20 Years?

From 1990 to 2010, the global poverty rate dipped from 43% to 21%. The Economist explains why the rate halved in twenty years: How did this happen? Presidents and prime ministers in the West have made grandiloquent speeches about making poverty history for fifty years. Continue Reading...

Dirt and Development

“We poverty junkies spend a lot of time examining the fruits and the roots,” says Mark Weber at PovertyCure, “But what of the soil?” Tyler Cowen also recently noted that economists don’t talk nearly enough about soil, despite their contributing to some of the biggest problems in the entire world. Continue Reading...

G8 Summit Protests Sponsored by Capitalism

Leaders from Canada, France, Germany, Italy, Japan, Russia, the U.S., and UK will meet at Lough Erne in Northern Ireland for the G8 Summit June 17-18, 2013. These international negotiations among the world’s largest economies provide opportunities to discuss the fluidity of trade between nations but also provokes public protest. Continue Reading...

PowerLinks 06.04.13

Food Stamps Don’t Stimulate Economic Growth Rachel Sheffield and T. Elliot Gaiser, The Foundry The number of Americans on food stamps, or the Supplemental Nutrition Assistance Program (SNAP), is at historic highs, but some on the left—like Paul Krugman—think that’s not such a bad thing because, as they argue, food stamps “stimulate” the economy. Continue Reading...

You Say You Want A Revolution? Count The EU Out

German Finance Minister Wolfgang Schaeuble is a frustrated man. With unemployment rates in Germany hovering at around 8 percent, and Greece and Spain at almost 60 percent, he believes the EU is on the brink of “revolution.” His answer is not to scrap the welfare model however; he wants to preserve it. Continue Reading...

Don Draper Meets Abraham Kuyper

Russell Moore on how Abraham Kuyper predicted the era of Madison Avenue’s culture of art and mammon: [James Bratt] writes that Kuyper saw the dangerous combination of “Art as captured by Mammon.” Here the two combined to a “commercialized, lowered, prostituted, feeding the mass compulsion for excitement, excess, and the erotic.” In this, Bratt contends that Kuyper was hitting close to explaining the contemporary rise of Madison Avenue as a cultural force, “the marriage of Art and Mammon that is commercial advertising.” Here’s where Abraham Kuyper has something to say to Don Draper. Continue Reading...

PowerLinks 06.03.13

Obama, God, and the Profits Mark Rienzi, The Becket Fund for Religious Liberty Earning money doesn’t suddenly give the government the right to extinguish your constitutional rights. Christian Martyrs to Islam, Past and Present Charlotte Allen, Wall Street Journal The making of the new saints was a vivid reminder of something that many people, including historians, prefer to gloss over: the pattern over the centuries of Islamic persecution of Christians that continues to this day in many Muslim-majority lands. Continue Reading...