In 1865, W. Stanley Jevons predicted that with coal reserves of 90 billion tons, England would run out within 100 years. Today, the country has between three trillion and 23 trillion ton, enough to last Britain for centuries. Continue Reading… No …
The shrinking of the administrative state
In just the last year, the regulatory apparatus of the federal government has endured a range of healthy threats and corrections. Approximately 1,579 regulatory actions have been withdrawn or delayed, according to the Office of Information and Regulatory Affairs, and that …
A Samson Option for Ireland’s Catholic hospitals?
National funding of health care has produced a fresh crisis in Europe. Not merely the never-ending “winter crisis” in the NHS each year, but a crisis of conscience for Catholic health care providers. Continue Reading… Related posts: Obamacare vs the …
If work is our ‘modern religion,’ leisure is not the cure
Americans are known for working longer hours and taking less vacation time than their counterparts in the industrialized world. In response, many are quick to decry this fact as evidence of age-old desperation and newfound decadence. Continue Reading… Related posts: Leisure …
Daniel Hannan explains why the EU is a hive of corruption
Two paths confront someone faced with an unwanted reality: reform or denial. With a report set to expose persistently high levels of corruption among its member states, the EU chose the latter option, its critics say. Continue Reading… Related posts: …
PowerLinks 06.15.18
Help is on the way for Middle Eastern Christians, writes @USAIDMarkGreen Mark Green, Wall Street Journal Under President Trump’s orders, USAID is directing aid to persecuted communities in Iraq. Workers aren’t buying the idea that robots are going to destroy …
How Germany handles teacher strikes
As the U.S. school year wound to a close, teachers unions waged statewide strikes in West Virginia, Arizona, and Oklahoma, and inspired associated teacher strikes in Colorado, Kentucky, and North Carolina. Continue Reading… Related posts: 7 Figures: Wages and Employment …
Radio Free Acton: Discussion on the morality of free trade; Upstream on the letters of Russell Kirk
On this episode of Radio Free Acton, Tyler Groenendal, Foundation Relations Coordinator at Acton, speaks with Michael J. Clark, Professor of Economics at Hillsdale College, on the morality and importance of free trade. Continue Reading… Related posts: Radio Free Acton: …
PowerLinks 06.14.18
What did Max Weber mean by the ‘spirit’ of capitalism? Peter Ghosh, Aeon ax Weber’s famous text The Protestant Ethic and the Spirit of Capitalism (1905) is surely one of the most misunderstood of all the canonical works regularly taught, …
How a virtual central bank may have created the Bitcoin bubble
Imagine if you could own a company that had the ability to print money—literally to create the equivalent of U.S. dollars out of thin air. Here’s how it could work: The company prints it own form of currency and sends it …
The Solow Model and the steady state
Note: This is post #82 in a weekly video series on basic economics. In the previous two videos in this series we’ve looked at a simplified Solow model. On one end of the model is input, and on the other …
PowerLinks 06.13.18
Trade and Mutual Aid Jordan Ballor, Comment There is no system that is incorruptible, but at its best, free trade orients us toward the good of others. $2.3 Billion in Losses Highlights Crypto’s Moral Hazard Tim Culpan, Bloomberg It’s time …
