Economics

May 08, 2014

Why McDonald’s Has Become a School for Remedial Work Skills

“Clean up your own mess. Your mother doesn’t work here.” That was a sign, printed on dot matrix printer paper, which hung in the breakroom of the McDonald’s where I worked. Continue Reading...

May 06, 2014

Now Available: ‘On Exchange and Usury’ by Thomas Cajetan

Christian’s Library Press has released a new translation of two treatises on exchange and usury by Thomas Cajetan (1469-1534), a Dominican theologian, philosopher, and cardinal. Although best known for his commentaries on the Summa of Thomas Aquinas, Cajetan also wrote dozens of other works, including short treatises on socioeconomic problems. Continue Reading...

May 02, 2014

Seattle’s Foolish Experiment Will Be a Lesson for America

When I was growing up I had a buddy—let’s call him “Bob”—who was constantly asking, “What happens if we do . . . ?” Bob’s curiosity, however, only led him to wonder about foolish actions. Continue Reading...

May 01, 2014

As Expected, Jobless Claims ‘Unexpectedly’ Increase

Today at Bloomberg we find this unexpected news about unemployment: Applications for U.S. unemployment benefits unexpectedly climbed to a nine-week high, underscoring the difficulty adjusting the data for seasonal variations such as the Easter holiday and spring recess at schools. Continue Reading...

May 01, 2014

Honoring God as a Ranch Hand and Wrangler

In a video selected as the winner of a contest sponsored by The High Calling, Dylan Weston, a ranch hand and wrangler from Pennsylvania, shares how his work glorifies God and adds value to others. Continue Reading...

April 30, 2014

Why I Appreciate Pope Francis (Even When We Disagree)

“Inequality is the root of social evil,” tweeted Pope Francis earlier this week, raising eyebrows across the globe. Like many conservative Christians I expressed my disagreement on social media. “Um, no it’s not. Continue Reading...

April 30, 2014

If You Love Babies You Should Love Economic Growth

Today you’ll be hearing a lot about this latest bit of bad —really, really bad —economic news: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the “advance” estimate released by the Bureau of Economic Analysis. Continue Reading...

April 21, 2014

Audio: Sirico on Gnosticism, Poverty and Secularism with Larry Kudlow

On Saturday morning, Acton Institute President Rev. Robert A. Sirico joined host Larry Kudlow on the nationally syndicated Larry Kudlow Show for a wide-ranging Easter weekend discussion. Sirico and Kudlow talked about everything from the so-called “Gospel of Jesus’ Wife” to the collapse of poverty rates worldwide over the past few decades, and ended with a conversation about the upcoming canonizations of Pope John XXIII and Pope John Paul II, and a reflection on whether the march of secularism can be turned back in western society. Continue Reading...

April 16, 2014

King David on the Heart of Christian Stewardship

We live amid unprecedented economic prosperity, and with the promise of globalization and the continued expansion of opportunity and exchange, such prosperity is bound to grow. Yet if we’re to retain and share these blessings, such gifts need to be received and responded to with a heart of service, sacrifice, and obedience to God. Continue Reading...

April 15, 2014

It’s Tax Day: How Generous Do You Feel?

It’s tax day, and though I’m sure you’ve already begun your revelry, I suggest take a moment of silence to relish that warm, fuzzy feeling we get when pressured to pay up or head to the Big House. Continue Reading...

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