Benefits of tort reform

A recent NBER working paper, “The Effects of Tort Reform on Medical Malpractice Insurers’ Ultimate Losses,” argues that “The long run effects of reforms are greater than insurers’ expected effects, as five year developed losses and ten year developed losses are below the initially reported incurred losses for those years following reform measures.” Continue Reading...

‘Solutions’

Go here for Acton’s new video, “Solutions,” which offers a real starting place for all of us who want to do something about poverty and hunger. Continue Reading...

A golden opportunity for ‘The Silver Ring Thing’

Touting the success of his faith-based initiative last week, President Bush noted that faith-based charities received more than $2 billion last year from the federal government. But even as Bush announced that the Department of Homeland Security would be the 11th agency to establish an office for the faith-based initiative, some groups are finding the money to be a mixed blessing. Continue Reading...

Among the little giants of effective compassion

Last Wednesday, I was privileged to attend the Samaritan Awards Gala in Washington, D.C. I have to say up front that Acton’s Effective Compassion events are probably the most enjoyable for me to attend because invariably one comes into contact with a group of very special, very dedicated people who are completely devoted to what our society would term “lost causes,” and having great success. Continue Reading...

Politics and the pulpit

According to The Church Report, a new resource has been released which offers churches guidelines for keeping their activities and functions within the letter of the law. As non-profit organizations, churches are held to the same standard as registered charities and cannot engage in certain forms of public speech. Continue Reading...

There’s no such thing as “free” education

Citing a recent OECD report, the EUObserver says that European schools are falling behind their counterparts in the US and Asia. The main reason: a governmental obsession with equality that prevents investment and innovation in education, especially at the university level. Continue Reading...

Maximizing wages, minimizing employment

This is probably not the best move for a state that has been among the worst in the nation in terms of unemployment: “Lawmakers in the Michigan House of Representatives are preparing to vote on a proposed hike in the minimum wage to nearly $7 an hour.” Continue Reading...

The price is wrong?

Seth Godin contends today that “most people don’t really care about price.” He uses a couple of arguments that involve aspects of convenience, and so he concludes, “price is a signal, a story, a situational decision that is never absolute. Continue Reading...

The crunchiness of factory farming

The CrunchyCon blog at NRO is currently discussing the issue of factory farming, which is apparently covered and described in some detail in Dreher’s book (my copy currently is on order, having not been privy to the “crunchy con”versation previously). Continue Reading...