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...

Beyond a material understanding of poverty

As we continue to encounter the adverse effects of particular forms of foreign aid, it becomes increasingly clear that solving complex social and economic problems requires a level of care, concern, and discipleship not well suited to detached top-down “solutions.” But just as we ought to be more careful about the types of solutions we create, we ought to be equally concerned about the nature of the needs themselves, which are no less complex or difficult to discern. Continue Reading...

Economist as prophet vs. savior

What do economists actually know? What can they possibly know? Assuming his usual role as the insider skeptic, economist Russ Roberts ponders those questions at length, concluding that far too much economic analysis is conducted and promoted with far too little humility. Continue Reading...