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August 06, 2014

How a Study on Hurricanes Proved Bastiat’s Broken Window Fallacy

After 6,712 cyclones, typhoons, and hurricanes the evidence is clear: Bastiat was right all along. In 1850, the economic journalist Frédéric Bastiat introduced the parable of the broken window to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society (see the video at the end of this post for an explanation of the broken window fallacy). Continue Reading...
August 06, 2014

Tony Dungy and Heresy

In this week’s Acton Commentary Hunter Baker wonders why are so-called progressives eager to use political power to “correct” the thinking of those they disagree with: You may not have realized it, but Tony Dungy is a heretic. Continue Reading...
August 06, 2014

The Importance of Freedom of the Church

The first kind of religious freedom to appear in the Western world was “freedom of the church.” Although that freedom has been all but ignored by the Courts in the past few decades, its place in American jurisprudence is once again being recognized. Continue Reading...