Recommended Reading – Thursday, April 5th
Dupes for the State (Walter Williams)
“If we banned or restricted all activities that affect, harm or have the possibility of harming other people, it wouldn’t be a very nice life. Let’s look at what can affect or harm other people. Non-obese people are harmed by obesity, as they have to pay more for health care, through either higher taxes or higher insurance premiums. That harm could be reduced by a national version of a measure introduced in the Mississippi Legislature in 2008 by state Rep. W.T. Mayhall that in part read, “An act to prohibit certain food establishments from serving food to any person who is obese, based on criteria prescribed by the state Department of Health.” The measure would have revoked licenses of food establishments that violated the provisions of the act. Fortunately, the measure never passed, but there’s always a next time.
The National Highway Traffic Safety Administration reported that in 2010, nearly 33,000 people were killed in auto crashes. That’s a lot of harm that could be reduced by lowering the speed limit to 5 or 10 miles an hour. You say, “Williams, that’s ridiculous!” What you really mean to say but don’t have the courage to is that to save all of those lives by making the speed limit 5 or 10 miles per hour is not worth the inconvenience. Needless to say — or almost so — there are many activities we engage in that either cause harm to others or have the potential for doing so, but we don’t ban all of these activities.” (Click here to read more)
Market Economies with Churches and Market Economies without Churches (Acton Institute)
“Zhao Xiao, a government economist in China, on the differences between market economies with Churches (like the U.S.) and market economies without churches (like China):
Is it not integrity that you are pursuing? Then you ought to know: places with faith have more integrity. For China’s crawling economic reforms, this ought to be an important inspiration. Market economies with churches are different in another respect from those without: in the former, it is much easier to establish a commonly respected system. The reason is simple: a people that share a faith, compared to people who only believe in themselves, find it easier to establish mutual trust, and through that to conclude agreements. However, where is the cornerstone for the American constitution? In fact, as early as the first group of English Puritans who came over to the New World on the Mayflower, there was the Mayflower Compact, which would become the foundation of autonomous government in the separate states in New England. Its contents comprised civic organizations as well as working out just laws, statutes, regulations, and ordinances, and the first line of the covenant was “In the name of God, Amen.” So shared faith is the foundation for shared law. Otherwise, a legal system, should it arise, will not be respected.” (Click here to read more)