Acton Institute Powerblog Archives

Acton Occasional Series

5 Facts about the Russian Revolution

This week is the hundredth anniversary of the second Russian Revolution, one of the most transformative political events in the history of the modern world. Here are five facts you should know about the world’s most destructive revolution: 1. Continue Reading...

5 facts about Reformation Day

Statue of Martin Luther in Dresden, Germany   While most people know today as Halloween, for millions of Christians October 31,2017 is also the 500th anniversary of Reformation Day. Here are five facts about the Protestant holiday: 1. Continue Reading...

The marginal product of labor

Note: This is post #54 in a weekly video series on basic microeconomics. How are wages determined? Why do most Americans earn so much by global standards? What exactly is meant by ‘human capital’? Continue Reading...

Does tying benefit social welfare?

Note: This is post #52 in a weekly video series on basic microeconomics. What is tying and how is this a form of price discrimination? An example of a tied good is an HP printer and the HP ink you need for that printer. Continue Reading...