Latest Posts

Pollution causes as many deaths as two jumbo jets crashing every hour

Imagine that within the same hour, two large Boeing 747 passenger jets crashed killing everyone onboard. Now consider two planes crashing every hour for an entire 24-hour period. Finally, think of the accumulated deaths of two passenger jets crashing every hour for an entire year.* The death toll from all those crashes would be roughly equivalent to the number of people who die every year from pollution. Continue Reading...

PowerLinks 10.25.17

Free trade doesn’t destroy jobs – it creates them Pierre Lumieux, CapX The availability of jobs is a symptom, not the cause, of prosperity. Trump: I’m looking ‘very strongly’ at reforming welfare system Nolan D. Continue Reading...
PowerLinks

Government regulations in a fallen world

  The number of federal regulations in the United States broke an all-time record last year. A total of 97,110 pages were added to the Federal Register in 2016. The Competitive Enterprise Institute calculates the compliance costs and economic impacts of federal regulations at $1.89 trillion. Continue Reading...

Unemployment and the making of career criminals

For the past several years I’ve had a near obsession with trying to get Christians to recognize the devastating effects of unemployment. It’s not that believers don’t recognize unemployment as harmful, it’s that we often underestimate just how destructive not having a job is to the individual and their community. Continue Reading...

The marginal product of labor

Note: This is post #54 in a weekly video series on basic microeconomics. How are wages determined? Why do most Americans earn so much by global standards? What exactly is meant by ‘human capital’? Continue Reading...

PowerLinks 10.24.17

Pope says amassing wealth while children die is ‘idolatry that kills’ Inés San Martín, Crux In his homily at morning Mass on Monday, Pope Francis returned to a familiar theme — how amassing wealth, both money and land, while children suffer and die, is a morally unacceptable form of idolatry. Continue Reading...
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Do natural disasters justify big government?

When disasters strike – as they have repeatedly across the transatlantic sphere this season – government exercises its most essential function: saving lives. Do these heroic actions validate the ongoing intervention of the federal government into local affairs? Continue Reading...

What Pope Francis needs to say about wealth

In his most recent homily Pope Francis said that amassing wealth—both money and land—while children suffer and die is a morally unacceptable form of idolatry. There’s an “idolatry that kills,” said Francis, that makes “human sacrifices” by those who are hungry of money, land and wealth, who have “a lot” in front of “hungry children who have no medicine, no education, who are abandoned.” From a biblical perspective, Francis is correct. Continue Reading...