A lecture on basic economics by Dr. Jennifer Roback Morse

Dr. Jennifer Roback Morse
Dr. Jennifer Roback Morse

Dr. Jennifer Roback Morse, former professor of economics at Yale University and George Mason University, gave a lecture on basic economics.

The MP3 file is here.

Topics:

  • The study of economics is anti-postmodern – there is objective truth independent of what people think
  • The study of economics believes in fixed principles of human nature
  • Economics studies the allocation of scarce resources that have alternative uses
  • Economics studies how people exchange resources
  • How both people who engage in a voluntary trade always believe that they will be better off
  • How both people who engage in a voluntary trade both benefit from the exchange
  • How incentives motivate people to act
  • Understanding supply and demand
  • Understanding how “free” government services are rationed
  • Understanding opportunity costs
  • How prices signal producers to produce more or less, and consumers to buy or not buy
  • Market-driven prices versus price controls
  • The role of substitution
  • The necessity of allowing failure in a free market

The requirements of economic growth:

  • private property
  • contracts
  • the profit motive
  • competition
  • free trade
  • entrepreneurship, creativity and innovation
  • the rule of law

If you like this podcast, you can take a look at Thomas Sowell’s textbook on “Basic Economics“. Highly recommended!

Brian Auten interviews pro-life debater Scott Klusendorf

Unborn baby scheming about pro-life apologetics
Unborn baby scheming about pro-life apologetics

Scott Klusendorf is the director of the excellent Life Training Institute, and he’s been interviewed by Brian Auten on Apologetics 315.

Details of the interview:

Today’s interview is with Scott Klusendorf, president of Life Training Institute. LTI is the first place to look for excellent resources to get better equipped to defend the pro-life position. Scott talks about defining abortion and its terms, the issue of the debate, the legal history of abortion, defending the pro-life view using science and philosophy, the four pillars of the pro-life argument, answering a litany of objections to the pro-life position, the right and wrong use of emotional appeals, taking on the right tone in the debate, how to get better equipped, and more.

Grab the MP3 file here at Apologetics 315.

The article Scott mentions “How to Defend Your Pro-Life Views in 5 Minutes or Less” is worth the read, and it’s a good summary of some of the points he makes in the lecture.

If you like this interview, please be sure and buy the best basic book on pro-life apologetics – Scott Klusendorf’s “The Case for Life“.

And there is actually a full transcript, and here’s an excerpt:

BA: Great stuff. Now I want you to go into these pillars if you will of defending the pro-life position with science and philosophy, and in your web site prolifetraining.com one of the things that you provide is sort of a four point acronym, some would say sled S-L-E-D. Can you lay out what those main pillars are and their relevance to the issue?

SK: Well as I mentioned a moment ago, pro-life advocates argue that elective abortion unjustly takes the life of a developing human being, and we defend that claim using science and philosophy. We use science to determine what kind of thing the unborn is, and we use philosophy to show that there’s no relevant deference between the embryos we once were and the adults we are today that would justify killing us at that earlier stage of development. Scientifically, as I mentioned just moments ago embryology text books worldwide indicate that from the very beginning you and I were distinct living whole human beings. You can’t see that I’m doing this right now, Brian, but at the moment I’m picking cells off the back of my hand. These cells, which we call somatic cells, contain my entire DNA and coding. But you don’t thing I just committed mass murder by sending a couple hundred of those puppies hurling to their deaths on the floor in front of me. And the reason is, you know that these cells though they contain my DNA and coding are merely part of a larger human being, me. They are not distinct whole living organisms the way that you were when you were an embryo. The way I was when I was an embryo. In other words, there is a difference in kind between each of our bodily cells and the embryonic human beings we once were. That’s what science teaches us; that’s what the science of embryology lays down for us.Philosophically, we argue using that SLED acronym that you mentioned a moment ago that there’s no difference between that embryo we once were and the adult we are today. The adults we are today that justify killing us at that earlier stage of development and as Steven Schwarz points out, the differences between that embryo and the adult that you are today are one of size, level of development, environment and degree of dependency. Think of the acronym SLED and you will remember those four differences. Size, yeah you were smaller as an embryo, but since when does body size determine the rights that you have. Shaquille O’Neal, the seven foot two basketball star with the Boston Celtics, is a foot taller than I am, but he doesn’t have a greater right to life simply because he’s bigger.

Level development? Sure, we were less developed as embryos but since when is a matter of principal does that mean we can kill you? Two-year-old girls are less developed than twenty-year-old young women. We don’t think though the two year old girl has less to a right to life simply because she can’t function at the level that the twenty year old can. Level of size, I should say level of development. What about environment; where you are located there is the letter “E” in that SLED acronym. You were once in the womb now you’re out but sense when does were you are determine what you are? When you walk from your living room into the studio to do this interview. You changed location but you didn’t stop being you. When I jump on an airplane and fly from Atlanta to London’s Heathrow airport. I get off the plane I’m in a new location, but I’m the same being as I was when I left Atlanta. If that’s true how does a journey of eight inches down the birth canal suddenly change me from non-human, non-valuable thing that we can kill? To a valuable human being that we can’t kill. And the answer is, if I wasn’t already human and valuable I’m not going to get there by changing my address. And then finally, degree of dependency—yes we depended on our mother for survival but sense when does dependency on another human being mean we can kill you? Conjoined twins depend on each other for survival and unless one of the twins is killing its partner we don’t go ahead and slit the throat of both twins simply because they can’t live independent of each other. Size, level of development, environment, degree of dependency, think “SLED” those are the only four differences between that embryo you once were and the adult you are today. And the pro-lifer would argue that not one of those four differences justifies killing you at that earlier stage.

You can see Scott in a debate about abortion right here.

And if you like that interview, I have some more things for you to read from Dr. Francis Beckwith.

Learn more by reading

Frank Beckwith is the author of “Defending Life: A Moral and Legal Case Against Abortion Choice“. He wrote that book for Cambridge University Press, a top academic press. But before Cambridge University Press, Beckwith wrote easy-to-understand essays for the Christian Research Journal.

Here are four essays that answer common arguments in favor of legalized abortion.

I have a copy of Dr. Beckwith’s previous book “Politically Correct Death”, which I read bit-by-bit on my lunch hours 10 years ago. Excellent stuff.

The US postal service and Amtrak: which one will go bankrupt first?

Will it be the USPS? (H/T Wes)

Excerpt:

Inspector general David Williams says cash-strapped service, saddled with debt and low revenues, is in ‘very serious trouble’.

The chief postal watchdog has warned that the troubled US Postal Service will go out of business this year unless Congress acts to rescue it.

David Williams, the inspector general of the USPS, says the service is in “very serious trouble”, after five years lumbered with heavy debt and falling revenues.

In an interview with the Guardian, Williams warns that Congress, which has been distracted by November’s elections and the fiscal cliff crisis, must act this year to save the service.

The USPS lost over $16bn last year, and has lost about $41bn over the past five years, according to Robert Taub, a vice-chairman of the Postal Regulatory Commission.

Or will it be Amtrak?

Excerpt:

Amtrak triumphantly proclaimed 2012 to be a success. The reason? It posted a loss of only $361 million for the year. That’s its smallest operating loss since 1975, amid growing ridership along the Northeast Corridor between Washington and Boston. Although this represents progress in the right direction, Amtrak is still not worth what it costs American taxpayers.

Amtrak has never been profitable. From its outset in 1971, it has been backed by taxpayers with billions of dollars in direct aid and loans. Over the past three years alone, Amtrak has received more than $4.4 billion in federal aid, and it still was not able to finish any of those years in the black.

[…]But after more than 40 years of government funding, $4.4 billion in aid over the past three years should be particularly disconcerting. Rail transportation is not becoming cheaper because of government investment in the market; to the contrary, the price has gone up, especially as compared with other major public works projects.

[…]Rather than successfully spurring on American business, Amtrak provides slower trains at higher prices. It is a symbol of government waste because it fails to make any progress toward self-sufficiency and fails to innovate.

It is time to admit this train has left the station. Amtrak cannot and will not be run efficiently with the backstop of government funding behind it. Someday, a public-private partnership on railroads could be in the American interest, as it has been in the past. But for Amtrak, the government should shut off the spigot.

Or will Obama just borrow a few more trillion from your children, so that his public sector supporters in USPS and Amtrak can continue to vote for socialism?

The funny thing about this is that we could sell these wasteful government-owned organizations and privatize their functions. Then we wouldn’t have to sink more and more taxpayer money in public sector boondoggles.