Christmas replaces Utopia with the kingdom of Heaven

While researching another article, I was taken aback to read a political organization refer to its platform as a “new covenant.” The feeling of unease deepened with each plank of its revolutionary and highly divisive program to remake society de novo (about which, more later). Continue Reading...

Entrepreneurship boom: COVID-19 is spurring new start-ups

In the early months of the COVID-19 pandemic, more than 22 million Americans lost their jobs, effectively reversing several years of economic growth. This would mark the beginning of a “two-track recovery” that is increasingly divided between those whose livelihoods remained safe and secure and those whose industries or enterprises have been thoroughly upended. Continue Reading...

Walter Williams, RIP

The world has lost a voice for logic, liberty, and love of the U.S. Constitution. Economist Walter Williams died overnight at the age of 84. Williams worked his way out of grinding poverty in the Philadelphia housing projects to chair George Mason University’s economics department, author 10 books and more than 150 publications, and become one of the most recognized commentators of the last four decades. Continue Reading...

Biden’s minimum wage proposal would prolong pandemic pain

Throughout the COVID-19 crisis, America’s planning class has relied on a predictable mix of so-called stimulus and monetarist tricks to curb the pain of economic disruption. Such heavy-handed interventionism has long been misguided, but for many, the government’s efforts have not gone far enough. Continue Reading...

Deutsche Bank’s work-from-home tax is economic insanity

As if 2020 could not get any worse, this week intellectuals unleashed another pandemic: a new proposed tax. Deutsche Bank suggested that the government lay a 5% “privilege” tax on employees who work from home, on the grounds that they “disconnect themselves from face-to-face society.” Continue Reading...

Applications now open: Mini-Grants on Free Market Economics

The Acton Institute’s Mini-Grants on Free Market Economics: Research & Teaching program continues for the upcoming 2021 academic year, and the application is now live. This grant program is intended to enhance the effectiveness of research and teaching about market economics for faculty at colleges, universities, and seminaries in the United States and Canada. Continue Reading...