Hades is a bad economist

Late 16th century icon of Jesus’s decent to Hades and resurrection by Markos Bathas (1498-1578). Public domain.   This Sunday Christians all over the world (East and West together this year!) celebrated Easter or Pascha, the feast of the Resurrection of Jesus Christ, the holiest day of the liturgical year, the beginning of a festive season that lasts for the next forty days. Continue Reading...

Free trade is not anti-American

Is protectionism patriotic? The recent discussions about free trade and protectionism seems to suggest it is. If you love your country, you’ll protect its economy. In a new article from The Stream, Samuel Gregg, Acton’s director of research, examines the growing hostility of American conservatism towards free trade and explains why supporting free trade is actually patriotic. Continue Reading...

Venezuelans find a hero in big business

“Big business” has become a favorite target of public scorn and contempt in the United States, constantly decried for its impersonal forces, cronyist lobbying efforts, and supposed greed. In Venezuela, however, the country’s largest privately owned company has become a leading face of anti-government resistance. Continue Reading...