Why Hobby Lobby Matters

If you’re a Christian who thinks that the Hobby Lobby case against Obamacare doesn’t have anything to do with you — that it’s just an esoteric argument over legal minutiae — you’re mistaken. It matters a lot. Justin Taylor points to an LA Times op-ed that explains why this Supreme Court case is about more than just one part of More …

Fast Food Strikes

In case you haven’t heard, an SEIU front-group with connections to the President is planning strikes of fast-food workers in 100 cities today. Fast-food workers in about 100 US cities will walk off the job this Thursday, organizers say, which would mark the largest effort yet in a push for higher pay. The actions would build on a campaign that More …

How Businesses "Give Back"

We talk about businesses “giving back” to the community so much that even the most capital capitalist has it burned into his brain that that is just what businesses are supposed to do. The unstated premise is that successful businesses got that way by taking something away from the community, and therefore are morally obligated to give it back. This “giving More …

JPMorgan and the Necessity of Risk

I don’t know all the behind-the-scenes details of JPMorgan’s recent $5.8 billion (oof!) trading loss, but I know I don’t like the general tenor of reactions to it. In spite of the fact that JPMorgan is a private company, and in spite of the fact that they actually turned a profit last quarter, people are acting like JP Morgan commandos rappelled More …