Category Archives: News

News

New study shows how capitalism and religion promote co-operation

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From the National Post.

Excerpt:

Free-enterprising, impersonal markets may seem cutthroat and mean-spirited, but a provocative new study says markets have been a force for good over the last 10,000 years, helping to drive the evolution of more trusting and co-operative societies.

“We live in a much kinder, gentler world than most humans have lived in,” says anthropologist Joe Henrich of the University of British Columbia, lead author of the study that helps topple long-held stereotypes.

The finding, reported in the journal Science, suggests people trust and play fair with strangers because markets and religion — not some deep psychological instinct inherited from our dim tribal past — have helped shape our neural circuitry over the eons.

The 13 researchers on Mr. Henrich’s international team spent time — and played clever psychological games — with more than 2,000 people in 15 different societies.

[…]The study found that the likelihood that people “played fair” with strangers increased with the degree people were integrated into markets and participated in a world religion.

[…]The study also suggests world religions, such as Christianity and Islam, were a potent evolutionary force, favouring the growth of complex societies by reinforcing fairness and trust.

Science is the number one peer-reviewed journal in the world. Capitalism, for lack of a better word, is good. Capitalism works.

News

Why did Bart Stupak vote for the health care reform bill?

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Here’s a story from the Wall Street Journal. (H/T ECM)

Excerpt:

When Bart Stupak announced Sunday he was now a “yes” on the health-care bill, six Democrats stood with him. Even that handful would have been enough to defeat the bill. Instead, they accepted the fig leaf of an executive order—and threw away all the hard-won gains they had made.

[…]Even more troubling… is that few accept the idea that the executive order really adds anything. In fact, on this point National Right to Life, the Catholic bishops and the Susan B. Anthony List are largely on the same page as Planned Parenthood. As are the pro-life Republican leader Mr. Smith and the pro-choice Democrat Diana DeGette of Colorado.

Planned Parenthood calls it a “symbolic gesture,” and says “it is critically important to note that it does not include the Stupak abortion ban.” Rep. DeGette, who screamed so loudly when the Stupak amendment passed, said she had no problem with the executive order because “it doesn’t change anything.” She’s right, because an executive order cannot change the law.

Take the $7 billion in new federal funding for the community health centers. As my former White House colleague Yuval Levin points out, all that has to happen for these federal dollars to start flowing for abortion is for NARAL Pro-Choice America to sponsor a woman demanding an abortion. The center will initially deny funding, citing the executive order. The woman will then sue, arguing that abortion is a part of health care. Given the legal precedents, and the lack of a specific ban in the actual legislation, the courts will likely agree.

Why did Bart Stupak change his vote?

Here’s a press release from his web site. (Dated 3/19/2010)

Excerpt:

WASHINGTON, DC – U.S. Congressman Bart Stupak (D-Menominee) announced three airports in northern Michigan have received grants totaling $726,409 for airport maintenance and improvements.  The funding was provided by the U.S. Department of Transportation Federal Aviation Administration.

Could this be the reason? Thirty pieces of silver?

Fox News reports that Obama skipped signing the executive order on Tuesday.

News

How Obamacare took away my liberty

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From Health Care BS. (H/T ECM)

Excerpt:

1. Don’t need or want a health insurance policy? Sorry, the individual mandate makes it a federal crime not to buy insurance.

2. Want to pay less in premiums by buying health insurance coverage with limits on coverage? Sorry, Obamacare also dictates how much coverage you must buy (including maternity coverage if you are a single male).

4. As an employer, you’d like to offer your employees high-deductible coverage or policies that don’t cover “children” as old as age 26? Sorry, that’s now illegal.

5. As a business-owner with 100 employees, you want to expand your sales and hire a few more people? Sorry, if you hire one more person, Obamacare requires you to buy insurance for all your employees.

6. You’re a physician and don’t want the government looking over your shoulder? Sorry, the HHS is now authorized to use your claims data to measure the resources you use.

Taking money from small businesses? That reduces the supply of jobs. Making doctors jump through hoops? That reduces the supply of doctors.

From Carrie Lukas at National Review. (H/T ECM)

Excerpt:

Last night, Speaker Pelosi reiterated that passing the health-care legislation means that “Being a woman will no longer be a pre-existing medical condition.” It’s true that outlawing gender ratings will effectively shift women’s health costs to men (which means young men will see their health-insurance premiums rise disproportionately). Yet the Senate bill makes being a single mom a new kind of pre-existing condition: Instead of higher insurance premiums, these women will have fewer employment opportunities. Congratulations Mrs. Speaker.

What happens when you take money away from healthy single men? They don’t marry because they can’t afford to become husbands and fathers. Government replaces men as husbands and fathers. That’s what this health care bill does.