There’s a persistent myth in Europe and America that farms subsidies are needed to protect the “family farm” and all the virtues that pany rural life. Religious leaders and Catholic Bishops conferences seem to be especially prone to this argument. Well, that myth is starting e exposed for what it actually is – protectionism by wealthy, politically-influential, corporate farm lobbies. The EUObserver reports that a new website, FarmSubsidy.org, has been launched today. The website is not yet fully operational, but...

As much as I would love to have the choice to pick what channels I pay for and receive over cable individually, I think Arnold Kling is right: The FCC shouldn’t force panies to offer that option. He says, “With some panies threatening to get into the TV business through their fiber-optic cables, this point may e moot. It could be that in petitive market, unbundling will occur naturally. There is absolutely no reason for the FCC to inject itself...

Anyone familiar with the Acton Institute knows we appreciate the work of economists. But we also object when economists overreach and try to apply useful tools and concepts in inappropriate ways. This happens, for example, when they claim that the charity of Mother Teresa can be exhaustively explained by reference to self-interest. (She gets warm feelings and satisfaction from what she does, you see.) Well, here’s a blunt example of such thinking. Richard Tomkins in the Financial plains this holiday...

I know I’ve been enjoying the falling oil prices of late when filling up my minivan’s gas tank. At the height of the post-Katrina and Rita oil price spike, I was paying upwards of $70 to fill the thing up. Now that things have calmed down a bit, I’m even hoping to see gas drop back down to that magic $1.99 level or lower. And who do we have to thank for these lower costs? At first blush, I’d say...

The Financial Times reports that generous farm subsidies in the United States and Western Europe are increasingly beleaguered. If the US and Europe don’t voluntarily eliminate the unfair advantage their agriculture producers enjoy in the global market, then developing nations are likely to take legal action through the WTO. No one wants to see American agriculture destroyed, but the injustice of developed-nation subsidies in light of the struggles of developing-nation farmers is hard to deny. The ramifications of ag subsidy...

Here’s a fair-minded and illuminating defense of C. S. Lewis and his Narnia books in the Chronicle of Higher Ed, against the rather vicious attacks of current children’s book author, Philip Pullman. HT: Arts and Letters Daily ...

It’s easy to predict what the response will be to The Chronicles of Narnia: The Lion, the Witch, and the Wardrobe, Walt Disney Company’s latest holiday blockbuster: smiling faces on children of all ages. Rather than recasting C. S. pelling children’s tale along the lines of the Gospel according to Hollywood, producers reserved their creative talent for visually representing the story that Lewis actually wrote. Lion will effectively demonstrate that, where free enterprise is allowed to flourish, the most profitable...

Says Harvard economist Kenneth Rogoff: Hollywood’s cartoon-like caricatures of evil multinational corporations may some day seize mainstream consciousness, leading to political upheavals that shatter today’s social contract. That won’t be good for profits, or for the poor. For more on Tinseltown’s demonization of multinational corporations, see “The Manchurian Mistake.” ...

I haven’t had a chance to talk about this yet, but early last month, school district officials in Kalamazoo, Michigan announced “The Kalamazoo Promise.” The Promise consists of a group of anonymous donors that e together mit to fund the post-secondary education of every student of the Kalamazoo Public School system. To receive full-funding for four years, you must have to attend KPS schools from grades K-12 (funding is gradually decreased depending on the number of years in the system)....

Many in West Michigan have heard about a sculpture in Kalamazoo, Mich., that has e the target of politically correct wrath. The “Fountain of the Pioneers,” a work by artist Alfonso Iannelli, depicts a towering pioneer with a club in his hand standing over a Native American depicted in a kneeling position. Activists say the sculpture should be removed because it is a “monument to evil subjugation, the violent removal of the people who were first on this land.” Those...