On Tyrannical Experts and Expert Tyrants
Angus Deaton, Review of Austrian Economics
We should indeed champion the rights of the poor and their full participation in a democratic state. But it is too optimistic to believe that rights and democracy by themselves will guarantee growth and prosperity, and the argument that rights and democracy are both necessary and sufficient for population health is largely wishful thinking.
The Pope’s Subversive Message
Arthur C. Brooks, New York Times
The central theme of Francis’ visit was a call for unity. He has frequently urged us “to dialogue together, to shorten the distance between us, to strengthen our bonds of brotherhood.”
This couple lives on 6% of their income so they can give $100,000 a year to charity
William MacAskill, Quartz
Julia Wise is a social worker and her husband, Jeff Kaufman, is a software engineer. In 2013, their combined income was just under $245,000, putting them in the top 10% of US households. And yet, excluding taxes and savings, they lived on just $15,280, or 6.25% of their income.
Former Obama White House economist: $15 minimum wage is a ‘risk not worth taking’
James Pethokoukis, AEI Ideas
The Democratic Party platform calls for a $15 per hour national minimum wage. Hmm. Here is economist Alan Krueger, a former chairman of President Obama’s Council of Economic Advisers, on the “fight for 15.”