One of the concepts in economics that people seem to have difficulty grasping at an intuitive level is how other people’s income affects one’s own income. Many people instinctively ascribe to the “lump theory” of money, in which one may imagine all wealth to consist of a set amount of money, like a dragon’s hoard.
Joe Biden, Veep-in-charge-of-public-amusement , continues his one man war against national gloom. Hattip to Ed Morrissey at Hot Air. In regard to a question about the new Hudson river rail tunnel on June 8, Joe said, ““Look, this is designed, this totally new tunnel, is designed to provide for automobile traffic. It’s something, as
Hattip to Ed Morrissey at Hot Air . Economist Arthur Laffer, he of the Laffer Curve, sounds the tocsin regarding the incredible expanision of the money supply. “But as bad as the fiscal picture is, panic-driven monetary policies portend to have even more dire consequences. We can expect rapidly rising prices and much, much higher interest rates
Catholic writer Matthew Lickona has the first issue of a graphic novel out, and the topic is an interesting one. mon’ster n. 1. An animal, a plant, or other organism having structural defects or deformities. 2. A fetus or an infant that is grotesquely abnormal and usually not viable. – The American Heritage? Medical Dictionary
I love Shakespeare and I love history, so I naturally glommed on to Shakespeare’s An Age of Kings (Richard II, Henry IV, Henry V, Henry VI and Richard III) after it was released by the BBC in this country. The plays are divided into 15 episodes, a total of 947 minutes. First broadcast in 1960, the plays
To ask some questions is to answer them, and via Commonweal, I see that UCLA history professor emeritus Joyce Appleby has penned a lovely exercise in anti-Catholicism entitled, Should Catholic Justices Recuse Selves On Certain Cases?. Here is an excerpt: But because of the Catholic Church’s active opposition to abortion, same-sex marriage and capital punishment, it raises serious
Another segment in my series on the follies of modern Jesuits, with no slight intended to the orthodox Jesuits who soldier on under often grim circumstances. America, the Jesuit publication, has an article by Thomas G. Casey, SJ, an associate professor at the Gregorian University in Rome in which he suggests dumping Latin as the
A good friend and long time reader sent along a link to this information several months ago, and I’ve been incredibly remiss in not doing the research to put up this post sooner. However, as I did the research over the last few weeks, I found it very much worth the time. I hope you
My comments regarding the importance of basing our civil society upon bedrock natural law principles, rather than positivist/originalist theories, drew some fire. I respond here with a fresh entry with relevant quotes from the Compendium of the Social Doctrine of the Church regarding the natural law’s role in building up our legal system.
As a matter of first principle, yes. As a matter of law, no, and such compromises are frequently necessary. Ross Douthat explains (is it just me, or does he seem somehow less influential as a New York Times columnist than he was as a blogger): The argument for unregulated abortion rests on the idea that
Although the subject of President Obama being honored by Notre Dame has quickly cooled in the fast-paced blogging universe- I wanted to weigh in with some comments because I think it is important to hold the President to account on some of the promises he made in his speech, and to offer some ideas for
“Abortion rights activists” are in a tizzy because of President Obama’s appointment of an “anti-abortion pro-Obama Catholic” Alexia Kelley to the senior position of Health and Human Services Department’s Center for Faith-Based and Community Initiatives. Suspicion was aroused because Kelley is co-founder of the Soros-funded organization Catholics in Alliance for the common Good.
The LA Times, desperately applying as much lipstick as possible on a pig of an economy, wrote an article here about the up side of unemployment under Obama. The sombre and always serious Iowahawk gives this article the drubbing it screams out for here.
Maureen Dowd wrote a column last month in which she compared, tongue in cheek, Obama to Mr. Spock from Star Trek. Jeff Greenwald of Salon also sees a resemblance between Chicago’s “gift” to the country and the first officer of the Enterprise. Bill Whittle of Pajamas Media, takes great joy in informing us in a very entertaining
[Cross posted from DarwinCatholic] I have the feeling that readers have emailed me about this site a couple times before, and I left it without comment because some topics seem like shooting fish in a barrel for a blog with the tagline “Because most philosophies that frown on reproduction don’t survive.” However there comes a
Considerable controversy erupted over the weekend in the blogosphere as to the outing of bloggers who blog using a pseudonym. The details of what initiated this controversy are discussed in detail here at Southern Appeal, Ed Morrissey at Hot Air comments here, Jay Anderson has a thoughtful post here at Pro Ecclesia, as does Paul Zummo