Free Universal Health Care is Expensive, Tricky

Despite a promise of “complete and fair coverage of health care for everyone for free,” the Greek state-controlled system is broken and corrupt, the Athens daily ekathimerini.com reports. Predictably, Greeks have taken it upon themselves to build a private health care sector: Despite hikes in Greece’s health spending between 2000 to 2008 being among the highest of all OECD countries, this has not been matched by growing life expectancy rates, the report added. Continue Reading...

Acton’s ‘The Call of the Entrepreneur’ premieres in Italian Diocese of La Spezia

The original Article Who’s Responding: “The Call of the Entrepreneur” in La Spezia was written by Francesco Bellotti for the Italian newspaper “Avvenire” (translation and editorial contributions from Michael Severance): Kishore Jayabalan responds to questions in the industrial city of La Spezia “The Christian entrepreneur is not the person who goes about wealth creation all week and then leaves a nice offering at church on Sunday. Continue Reading...

Are Rising Food Prices a Result of the Ethanol Subsidy?

Economies across the globe are struggling, and rising food prices are not going to make life any easier.  The Acton Institute raised concern for rising food prices, especially corn, in 2007, when Ray Nothstine wrote a commentary on, and at the time, record prices for corn, resulting in revolts in Mexico due to rapidly rising prices for tortillas.  Continue Reading...