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Tag: Public policy

ABC-elect Welby on banking reform

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.

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Seeing God in schools

Couple of blog posts on God in schools: Cafe News Blogger Kurt Wiesner responds to calls to “Put God back in schools.” Part of it

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Your homicide risk depends on your social network

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.

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How to win the war on poverty? Redistribute

“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.

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