Adam Smith’s general cynicism about the tendency of any group of business people, when meeting together, to create a cartel and ensure maximum profitability, has been shown to be justified, both in its own terms and as a general reflection (which he understood well) of the susceptibility of human-made systems to human failings.
Does the fact that Barack Obama won the Catholic vote nationwide (albeit narrowly) weaken the position of Catholic bishops that the contraception mandate within Obamacare
In the high crime Chicago neighborhood studied, social distance to a homicide victim is negatively and strongly associated with individual victimization: each social tie removed from a homicide victim decreases one’s odds of being a homicide victim by approximately 57 percent.
“When Meyer and Sullivan looked at poorer families’ consumption rather than income, accounted for changes in the tax code that benefit the poor, and included “noncash benefits” such as food stamps and government-provided medical care, they found poverty fell 12.5 percentage points between 1972 and 2010.” I come away wondering if when you put it all together the Great Society has failed because it has failed to be transformative: just as many people are unable to earn a good income and support themselves.
Update: The U. S. Supreme Court has upheld the constitutionality of the Affordable Care Act in a 5-4 decision. We will be posting links to
The Philadelphia Historical Commission will meet Friday to decide whether to allow the Episcopal Cathedral of Philadelphia to destroy two historically recognized buildings it owns,