Acton Institute Powerblog

PowerLinks 08.03.18

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What a Catholic Economy Looks Like
John Horvat II, Crisis Magazine

Perhaps the most productive thing a person can do to fuel prosperity is to help make the economy more Catholic.

How Econ Went From Philosophy to Science
Noah Smith, Bloomberg

A new study shows how much the field now relies on hard data instead of airy theories.

The Minimum Wage Doesn’t Do What You Think It Does
Jordan Setayesh, Mises Wire

One of the most curious political phenomenon is how the idea of the minimum wage is mindlessly accepted by the public as a policy that undoubtedly helps the poor.

Why People Keep Falling for Socialism, Despite the Evidence
Walter E. Williams, The Daily Signal

The poverty line that the Census Bureau used in 2016 for a single person was an income of $12,486 that year. For a two-person household, it was $16,072, and for a four-person household, it was $24,755.

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Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).

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