Acton Institute Powerblog

PowerLinks 05.17.18

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What having a baby has taught me about GDP
John Ashmore, CapX

Traditional GDP measurement cannot capture the value of the sharing economy.

Why Government Corruption Is the True Enemy of Economic Freedom
Patrick Tyrrell and Anthony B. Kim, The Daily Signal

Six billion people. That’s how many people are currently living in corrupt countries, according to the most recent edition of an annual study by Transparency International, the Corruption Perceptions Index 2017.

Economic Sophisms: Scarcity and Abundance
Frédéric Bastiat, The Imaginative Conservative

How does it happen that in the eyes of workmen, of publicists, and statesmen, abundance should appear a thing to be dreaded, and scarcity advantageous? I propose to trace this illusion to its source.

The Essential Difference between Liberty-Lovers and Big-Government Types Is Political Tolerance
Daniel J. Mitchell, FEE

As long as it’s voluntary, free-market supporters are happy to let others experiment with socialism. The opposite does not hold true.

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Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).