In a nation founded upon (at least in part) the ability to practice one’s religious beliefs without government interference, we Americans are in a weird spot. It seems that everywhere we turn, folks who practice their religious beliefs are under assault. Again, weird, since most of us who do practice our faith don’t try to cram it down anyone’s throat. Even groups like the Jehovah’s Witnesses – well-known for their door-to-door proselytizing – are happy to step off your front porch if you aren’t interested in what they have to say. (more…)
At 14 years old, Tim Harris dreamed of owning his own restaurant. He was born with Down syndrome, so his parents weren’t quite sure what to think. Yet soon after Tim began his first job as a host at Red Robin, it all started to make sense.
“[Customers] were visibly happy to see him and Tim really developed a following,” says Keith Harris, Tim’s father. “People would come to the restaurant specifically when he was working. As we sat there, we started thinking about how we could harness that for Tim’s benefit.”
Years later, thanks to lots of hard work and the support of his family, Tim’s Place is now open for business, serving “breakfast, lunch, and hugs,” according to the restaurant’s web site, the last of which is the owner’s specialty. For all we know, Tim may be the first and only restaurant owner with Down syndrome.
Learn more about his story here:
“I do not let my disability crush the dreams,” says Tim. “People with disabilities, they can get anything they set their minds to. They’re special. We are a gift to the world.” (more…)
Over at NRO, Thomas Sowell takes on what he calls the “lie” of “trickle-down economics.” Thus, writes Sowell, “the ‘trickle-down’ lie is 100 percent lie.” Sowell cites Bill de Blasio and Barack Obama as figures perpetuating the “lie,” along with writers in “the New York Times, in the Washington Post, and by professors at prestigious American universities — and even as far away as India.”
But we should also note that “trickle-down theories” get a mention in Evangelii Gaudium, too: “some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world.”
In the midst of his discussion, Sowell asks the following penetrating questions:
Why would anyone advocate that we “give” something to A in hopes that it would trickle down to B? Why in the world would any sane person not give it to B and cut out the middleman?
Whether or not there is such a thing as “trickle-down economics” in the discussions about the market economy, isn’t there something akin to what Sowell asks about at play in usual redistributive welfare programs? Don’t we “give” something to governmental bureaucracies and agencies in the hopes that they will in turn redistribute it (hopefully in more than a trickle) to the poor?
And as for the “trickle” part of trickle-down welfare economics, Juan de Mariana long ago observed that “money, transferred through many ministers, is like a liquid. It always leaves a residue in the containers.” So why not give directly to the poor and cut out the middleman, as Sowell wonders?
That’s precisely the discussion that’s been going on over at the Bleeding Heart Libertarians blog, among other places, about direct cash transfers to the poor instead of bureaucratic welfare programs. Head on over to the BHL blog to check it out.
The saga of “income inequality” stretches on. The young people of the Occupy Wall Street movement now have a website, and President Obama has proclaimed it the “defining issue of our time.” But what IS it exactly? Does it mean that a teacher, a brain surgeon and a garbage collector should all earn the same wage? Does it mean the wealthy entrepreneur should simply give away her money, rather than investing it or leaving it to her heirs?
American Enterprise Institute fellow Jonah Goldberg believes if we’re going to keep talking about income inequality, we’d better figure out what it is. In a USA Today piece, Goldberg says liberals and conservatives view the idea of “income inequality” in very different ways: (more…)
Christian’s Library Press has released a new translation of Wolfgang Musculus’ commentary on Psalm 15, which includes two related appendices on the topics of oaths and usury. Released at the end of 2013, On Righteousness, Oaths, and Usury comes on the 450th anniversary of Musculus’ passing. The book is part of CLP’s growing series, Sources in Early Modern Economics, Ethics, and Law.
Musculus (1497–1563) was a second-generation reformer in the cities of Strasbourg, Augsburg, and Bern, and produced a variety of works, including an influential collection of theological topics, the Loci communes, or Common Places.
The contents of this new translation come from his commentary on the Psalms, his largest exegetical work and one of his most popular. Portions of the commentary were originally published in German, Dutch, French, and English throughout the sixteenth century. Although Musculus has been somewhat overlooked among the likes of Luther and Calvin, particularly this side of the Atlantic, his works had a significant impact on the Reformation and post-Reformation eras.
Lord Acton and the Importance of Economic Education
R.J. Moeller, The American Spectator
As a kid, I always hated even just the thought of summer school. But during my grad school years, Acton U became a refreshing oasis I looked forward to every year.
In Malaysia, Battle Over Christian Use of “Allah” Intensifies
Howard Friedman, Religion Clause
Officials from the Selangor state Islamic Religious Department, aided by police, yesterday raided the Bible Society of Malaysia and seized 321 copies of the Bible that use the term “Allah”.
Are Markets Just?
R. Mark Isaac, Institute for Faith, Work, and Economics
To the economist, there are numerous well-known advantages to a system of well-defined and enforceable property rights.
Another Problem Obamacare Won’t Solve: Health Costs
Megan McArdle, Bloomberg
People who got access to Medicaid used doctors more than people who didn’t. But they also used the ER more