PowerLinks 12.23.16

December 23, 2016 • by Joe Carter

PowerLinks 12.23.16

The Six Mysterious Elves of the Commercial Marketplace Jeffrey Tucker, FEE We were born into a world of amazing prosperity that our generation did not create. A 2-country, 2-transaction example to understand trade, trade deficits, capital flows, and the balance of payments Mark J. Continue Reading...

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The magic of the washing machine

What was the greatest invention of the industrial revolution? Hans Rosling makes the case for the washing machine. Rosling explains how the productivity gains of the washing machine—and similar labor-saving devices—lead to increases in education and economic growth in the developing world. Continue Reading...

The case for principles-based regulations

In an attempt to cut down on the number of government regulations, president-elect Trump has proposed a “one-in, two-out” rule—for every new regulation implemented, two old regulation must be eliminated. This is similar to the “one-in, three out” rule that was adopted by the government of United Kingdom. Continue Reading...

PowerLinks 12.22.16

Surveys Find Charter School Parents More Satisfied Than District-School Parents Daniel Huizinga, Opportunity Lives Politicians and policy experts have argued for two decades about the merits of charter schools, with many studies showing the alternative public schools perform as well or better than traditional tax-funded schools. Continue Reading...

The Last Supper and new life

“Succumbing to despair is by definition never a winning strategy, which is why the story of Giorgio Vasari’s painting, ‘The Last Supper,’ resonated so strongly with me when I read it had been successfully restored,” says Rev. Continue Reading...

Calvin Coolidge on the spiritual power of Christmas

In his many addresses to the nation, President Calvin Coolidge made a point of routinely redirecting the country’s attention to the “things of the spirit.” In his Thanksgiving Day Proclamation, he encouraged the country to reorient its vision of abundance, progressing not only in material prosperity, but also “in moral and spiritual things.” In his reflections on the Declaration of Independence, he reminded us that ours is a liberty not meant for “pagan materialism,” which would surely turn our prosperity into “a barren sceptre in our grasp.” Years earlier, as President of the Massachusetts Senate, he urged legislators to remember that “statutes must appeal to more than material welfare.” “Man has a spiritual nature,” he continued. Continue Reading...

PowerLinks 12.21.16

Stereotypes Are Poisoning American Politics William R. Easterly, Bloomberg View J.D. Vance calls on Appalachians to alter a “culture that increasingly encourages social decay.” To what Central Committee on Appalachian Culture is he appealing? Continue Reading...