PowerLinks 12.03.15
Acton Institute Powerblog

PowerLinks 12.03.15

Regulation Not the Answer for the Unbanked
Tyler O’Neil, Values & Capitalism

A little-known government agency that is virtually unstoppable is tightening its grip over banks and lending institutions, taking away new innovative options from people who are already struggling to safeguard and access their money.

How Large Are the EITC’s Marriage Penalties?
Angela Rachidi, Family Studies

Low-income parents are more likely to be punished than rewarded by the earned income tax credit for being married.

The CEO Paying Everyone $70,000 Salaries Has Something to Hide
Nathanael Turner, Bloomberg Businessweek

It seemed too good to be true. On April 13, with reporters from the New York Times and NBC News hovering nearby, Dan Price, the young chief executive officer of Gravity Payments, a Seattle-based credit card processing company, told his staff he was raising their minimum salary to $70,000 a year.

Free Market Food Banks
Alex Tabarrok , Marginal Revolution

In 2005, however, a group of Chicago academics, including economists, worked with Feeding America to redesign the system using market principles. Today Feeding America no longer sends trucks of potatoes to food banks in Idaho and a pound of chicken is no longer treated the same as a pound of french fries.

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).