Audio: Sirico on The Pope and Economics; Gregg on Minimum Wage

A couple of interviews to bring you up to speed on from that last couple of days: First of all, here’s Acton Director of Research Samuel Gregg on the GRN Alive morning show on the Guadalupe Radio Network this morning to discuss current efforts to raise the federal minimum wage, giving his analysis on the likely impact of such a move on the economy and the job market. Continue Reading...

How to avoid prosperity and poverty gospels

Over at the Kern Pastors Network, Owen Strachan uses the example of Quaker Oats founder Henry Parsons Crowell to demonstrate the level of stewardship Christians are called to. Bringing his ingenuity and a variety of innovations to his company and the market at large, Crowell delivered value to his shareholders, employees, and customers. Continue Reading...

The Power of the Personal and the Temptation of the Planner

In his latest column, David Brooks examines the limits of data and “objective knowledge” in guiding or directing our imaginations when it comes to solving social problems. Using teenage pregnancy as an example, he notes that although it may be of some use to get a sense on the general drivers of certain phenomena, such information is, in the end, “insufficient for anyone seeking deep understanding”: Unlike minnows, human beings don’t exist just as members of groups. Continue Reading...

Is Godzilla Good for the Economy?

The gorilla-whale is back. And he’s here to stimulate the economy. On Friday, theaters across the country will be debuting the fourth American remake of Godzilla (the name is a romanization of the original Japanese name “Gojira” — which is a combination of two Japanese words: gorira (‘gorilla’) and kujira (‘whale’). Continue Reading...