Acton Institute Powerblog

PowerLinks 08.20.18

Obesity is a market failure and innovation, not sin taxes, may be the solution
Brendan Markey-Towler, The Conversation

The standard economic response to high and rising obesity is to levy what’s known as a “sin tax”. The thinking is simple – add a tax to the price of the undesirable food, this increases its price, and the demand for it goes away. However, there are both theoretical and empirical reasons to think the end of the obesity epidemic lies not in sin taxes but innovation.

Debunking Socialist Myths: 90 Percent Of Scandinavia’s Wealth Is Privately Owned
Giancarlo Sopo, The Federalist

The Bruenig standard indicates Scandinavia is less socialist than the average non-Scandinavian country, including the United States under the most conservative presidency of our lifetime.

Around the World, We See the The Link Between Economic Liberty and National Prosperity
Daniel J. Mitchell, Mises Wire

With the possible exception of a few extreme environmentalists, everyone agrees that robust long-run growth is a key to a better society.

Criminal Justice Reform Is Also Good Economics
Alex Muresianu, FEE

Most people think of criminal justice reform as a purely social issue, but it’s an economic one as well.

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).