Home
/
RELIGION & LIBERTY ONLINE
/
How to Turn Corn into Cars
How to Turn Corn into Cars
Jan 24, 2025 3:52 AM

Imagine if a scientist was able to create technology that turns corn into cars. As economist Bryan Caplan explains, we already have such an innovation: foreign trade.

Caplan argues that foreign trade is a form of technology that lowers our cost of living and increases our standard of living. In fact, claims Caplan, from a broader perspective trade is even better than most technology since it not only makes us better off, it makes foreigners better off too.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Laura Ingraham
All of us here at Acton were saddened to hear the news that Laura Ingraham, radio talk show host and a friend of the Institute, has been diagnosed with breast cancer. From her website: On Friday afternoon, I learned that I have joined the ever-growing group of American women who have been diagnosed with breast cancer. As so many breast cancer patients will tell you, it all came as a total shock. I am blessed to be surrounded by people...
Defend civilization itself
An excerpt from a mencement address by Mark Helprin, “Defend Civilization Itself,” delivered at Hillsdale College on May 24, 2002: I ask you to join this brotherhood, and, in your own way, whatever that may be, to defend and champion the sanctity of the individual, free and objective inquiry, government by consent of the governed, freedom of conscience, and the pursuit — rather than the degradation and denial — of truth and of beauty. I ask you to defend a...
Berlusconi forms new government
Reuters South Africa reports that Italian Prime Minister Silvio Berlusconi arranged a new coalition government on Saturday, “ending weeks of political turmoil that aroused fears of economic instability in Italy.” The report also states, “Amongst the winners on Saturday was the UDC’s Rocco Buttiglione, who switches from being minister for European Affairs to the more prestigious culture minister.” Buttiglione, a member of the Acton Institute Board of Advisors, recently spoke about Pope Benedict XVI. According to the Zenit News Agency,...
Warring against Wal-Mart
The big box giant Wal-Mart is under attack again, this time by a coalition of varied opponents. The group, named “Wal-Mart Watch,” took out an ad in The New York Times last Wednesday, accusing the retailer “of low pay and meager employee benefits that force their workers to rely on Medicaid, food stamps, and federal housing to survive,”. The Sierra Club, which has long opposed urban sprawl, is one of the groups involved with Wal-Mart Watch. This ad campaign is...
Remembering the first genocide
Yesterday, people all over the world marked the 90th anniversary of the genocide of 1.5 million Armenians by Ottoman Turks, memoration that has taken on added political frieght with Turkey’s candidacy for accession to the European Union. Given the refusal of Turkey to even acknowledge the genocide — which also targeted hundreds of thousands of Pontic Greeks and Syrians — the EU question should be put permanently on hold until the Turks face their past with honesty. But the prospects...
Grading America’s giving: global action week for education
This week is Global Action Week for Education, and the Global Campaign for Education has given the United States an “F” grade. Anthony Bradley writes that this judgment is short-sighted, and that “support for education…should not be isolated from the promotion of peace and stability.” Read the full text here. ...
Canon within the canon
Having trouble understanding the Bible? Can’t seem to reconcile what you just “know” to be true with the plain meaning of Scripture? Why not take Episcopalian Bishop Spong’s hermeneutical approach? According to a column in the Detroit News, Bishop Spong, author of The Sins of Scripture: Exposing the Bible’s Texts of Hate to Reveal the God of Love, says you can feel free to downplay or ignore difficult passages. “Much as I wanted to think otherwise,” he says, “…sometimes (the...
What can protestants expect from the new pope?
In an excellent survey of the writings of Cardinal Ratzinger, Michael S. Horton explores some of the implications of the election of Pope Benedict XVI for Protestantism. After providing a brief background of the relationship between Ratzinger and Pope John Paul II, Horton addresses “some of the representative statements by Joseph Cardinal Ratzinger, to obtain a better idea of what we might expect from his pontificate. Hopefully we will see that there is much to appreciate in an age of...
Free and fair trade
S.T. Karnick at Signs of the Times passes along the words of Dr. Sean Gabb, an English Libertarian author, on the debate about fair trade, which is driven in large part by Christian groups (see Acton Commentaries here and here). Dr. Gabb contends, contrary to the claims of the ecumenical movement, that “To call the actually existing order liberal—or ‘neo-liberal’—is as taxonomically accurate as calling the old Soviet Communist Party syndicalist. That order is based on tariffs, subsidies and a...
Silencing the Fourth Estate
Investigative reporter Steve Wilson has been under attack from public officials in both Detroit and the suburb of Warren, Michigan. And now, a group of Detroit pastors is calling for his termination, according to the Detroit Free Press. “Whereas Warren officials accused Wilson of mischaracterizing a trip to Costa Rica, more than two dozen pastors said their ire peaked when they heard that the muckraker had, in their words, harassed Detroit Mayor Kwame Kilpatrick on a Friday flight home from...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved