Acton Institute Powerblog Archives

Acton Occasional Series

Does human capital depreciate?

Note: This is post #83 in a weekly video series on basic economics. In previous videos in this series, we’ve seen how the accumulation of physical capital only provides a temporary boost to economic growth. Continue Reading...

The Solow model and ideas

Note: This is post #84 in a weekly video series on basic economics. According to previous videos in this series, the Solow model seems to predict that we’ll always end up in a steady state with no economic growth. Continue Reading...

The Solow Model and the steady state

Note: This is post #82 in a weekly video series on basic economics. In the previous two videos in this series we’ve looked at a simplified Solow model. On one end of the model is input, and on the other end, we get output. Continue Reading...

5 Facts about North Korea’s Kim dynasty

President Trump will begin a historic summit tomorrow with the North Korean dictator Kim Jong Un. Here are five facts you should know about the Kim family, the secretive autocratic regime that has ruled North Korea for more than sixty years. Continue Reading...

6 Quotes: G.K. Chesterton on freedom and virtue

Yesterday was the 144th birthday of G.K. Chesterton. In his honor, here are six quotes by the great British writer on freedom and virtue. On defending virtue: “The act of defending any of the cardinal virtues has today all the exhilaration of a vice.” On modern freedom: “Most modern freedom is at root fear. Continue Reading...