Acton Institute Powerblog Archives

Acton Occasional Series

6 Quotes: Friedrich Hayek on economics and freedom

Yesterday was the 25th anniversary of the death of the Austrian and British economist Friedrich Hayek. Throughout his life the Nobel-winning philosopher defended civil liberties and political freedom and warned against the Keynesian welfare state and of totalitarian socialism. Continue Reading...

How price controls can hurt the poor

Note: This is post #25 in a weekly video series on basic microeconomics. Suppose there is a mild winter on the West Coast and a harsh winter on the East Coast, says Alex Tabarrok, in this video by Marginal Revolution University. Continue Reading...

Explainer: What you should know about the Meals on Wheels controversy

Embed from Getty Images What’s the story? Last week, numerous media outlets falsely reported that the Trump administration proposed 2018 budget would eliminate charities like Meals on Wheels. The reports also claimed that White House budget director Mick Mulvaney had said during a press conference that Meals on Wheels “doesn’t work.” (Representative headlines included Time’s “Trump’s Budget Would Kill a Program That Feeds 2.4 Million Senior Citizens” and Slate’s article: “Trump’s budget director says Meals on Wheels doesn’t work.” What is “Meals on Wheels”? Continue Reading...

Understanding the President’s Cabinet: HHS Secretary

Note: This is the eighth in a weekly series of explanatory posts on the officials and agencies included in the President’s Cabinet. See the series introduction here. Cabinet position: Secretary of Health and Human Services Department: Department of Health and Human Services Current Secretary: Thomas E. Continue Reading...

5 Facts about the Congressional Budget Office (CBO)

On Monday the Congressional Budget Office (CBO) released its report on the projected effects of the House Republican plan to replace the Affordable Care Act. Here are five facts you should know about the federal agency that “scores” legislation: Congressional Budget Office / Public Domain 1. Continue Reading...