That’s the conclusion Wesley J. Smith, J.D., Senior Fellow at the Discovery Institute, has come to. The surrogacy business in India is booming. While statistics are hard to come by, according to one estimate, surrogacy brings in more than $2 billion a year to India. That does not translate to much money for the surrogate mothers, however. Women are paid about $8,000 for their medical expenses and having a baby. However, since it is typically poor women, many of whom are illiterate, that are targeted for surrogacy, many sign contracts they do not understand. India has few laws governing surrogacy, so the women have little or no rights. It is a situation ripe for abuse. (more…)
We need both of course. But do we Americans put too much emphasis on productivity? And is it hurting us?
Jeff DeGraff, professor at the University of Michigan Ross School of Business, thinks this might just be the case. It seems that industrialized country like the U.S. and Germany put great value on productivity, but not so much on creativity, and it may be costing us. (more…)
A recent ad on our listener-supported community radio station here in Boise spoke of a business sponsor’s practice of “giving back to the community.” This is done, of course, by sponsoring the radio station and other similar causes. As a fan of the station in question, I’m grateful for such local sponsors, and I’m grateful that they give to the community in that way. There is, however, a problem – not with the practice, but with the way we describe it. The phrase “giving back to the community” belies a deep misunderstanding of the nature of business.
The picture that seems to be assumed is that most of the time, through its everyday work, the business is in fact taking from the community. Then, from time to time, it chooses to “give back” to the same community. At a superficial level this language makes sense: most of the time it is customers – members of the community – who are giving money to the business, while the business is then giving money back through its charitable donations. But this misses the fact that the business – if it is successful – is always giving to the community. A profitable business, conducted with integrity, is not taking from the community at all; indeed, its profits are nothing more or less than indicators of the value that the community has received from the business.
Today at Ethika Politika, I examine a few rules of prudent stewardship that follow from the teachings of the Cappadocian fathers on poverty, almsgiving, and fasting. One of the great challenges in this area today is how best to live out in our present context the statement of St. Basil the Great that “the money in your vaults belongs to the destitute.”
In particular, I highlight these three guidelines to help guide prudent practices:
[W]e must be wary of simplistic, one-sided policy proposals when life itself is, in reality, far more varied and complex.
It is not enough to have the right principles or the best intentions; we must also take the time to wade through the mess of conflicting studies and statistics, as well as the lessons of history, to discern what truly “works” — what makes compassion both effective and dignifying rather than mere moralizing sentiment, ineffective at best and counterproductive at worst.
The standard for determining what is “overabundance,” especially given a context where we enjoy great wealth but also face a high cost of living, is the conscience … and our sensitivity to it often depends upon our degree of spiritual formation.
The whole article can be found here.
Also, for a fuller treatment of the principles upon which these guidelines rely, be sure to read Fr. Philip LeMasters’ article “The Cappadocian Fathers on Almsgiving and Fasting” here.
Russell Moore: From Moral Majority to ‘Prophetic Minority’
Naomi Schaefer Riley, Wall Street Journal
The new leader of the Southern Baptist political arm says Christians have lost the culture and need to act accordingly.
Why Would a Millennial Become a Priest or a Nun?
Emma Green, The Atlantic
The Pope, the Lord, and Lena Dunham: Voices of a generation?
Disability and Employment: Should We Be Doing More?
Karl Cooper, Values & Capitalism
The evidence also suggests that when companies employ people with disabilities, it ends up being a good business decision as those individuals thrive in the new opportunity provided them.
C.S. Lewis and the Inner Ring of Cronyism
Elise Amyx, Institute for Faith, Work, and Economics
An economist might say cronyism is driven by political incentives and greed. But if you asked C.S. Lewis, he might say there’s something more to cronyism—something beyond political and economic gain—that draws us in and deeply speaks to our human nature.
In eleven states in the union, welfare pays more than the average pretax first-year wage for a teacher. In thirty-nines states, it pays more than the starting wage for a secretary. And, in the three most generous states a person on welfare can take home more money than an entry-level computer programmer.
Those are just some of the eye-opening and distressing findings in a new study by Michael Tanner and Charles Hughes of the Cato Institute on the “work versus welfare tradeoff.”
“Welfare benefits continue to outpace the income that most recipients can expect to earn from an entry-level job, and the balance between welfare and work may actually have grown worse in recent years,” say Tanner and Hughes. “The current welfare system provides such a high level of benefits that it acts as a disincentive for work. Welfare currently pays more than a minimum-wage job in 35 states, even after accounting for the Earned Income Tax Credit, and in 13 states it pays more than $15 per hour.”
“We are now three years into health care ‘reform’ and it is crystal clear that what we have is no reform at all,” says Dr. Nick Pandelidis in this week’s Acton Commentary. “As we are seeing, the Patient Protection and Affordable Care Act, as is typical of so many government program names, will result in just the opposite outcome. PPACA is unaffordable, it will harm patients, and it will do incalculable damage to human dignity.” The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.