Interview: Ismael Hernandez

HernandezOn FrontPageMag.com, Ismael Hernandez talks about his journey from anti-American activist to his disillusionment with socialism and eventually the founding of the Freedom & Virtue Institute. Hernandez, a frequent lecturer at Acton conferences, was asked by interviewer Jamie Glazov to recall the estrangement from family and friends that resulted when his “passion for socialism” faded away. Continue Reading...

Liu Xiaobo: Peace Prize, Prosperity and Liberty

In the International Herald Tribune, Fang Lizhi points to the experience of Nobel Peace Prize winner Liu Xiaobo over the last 20 years as “evidence on its own to demolish any idea that democracy will automatically emerge as a result of growing prosperity” in China. Continue Reading...

Faith and Prosperity

Here is a link to a good summary of McKinsey’s report on business and Africa that can be found at Acton’s good friend Andreas Widmer’s blog Faith and Prosperity. Andreas is a former Swiss Guard turned high-tech entrepreneur who is now focusing on promoting enterprise solutions to poverty throughout the developing world. Continue Reading...

Marketplace Revolution

Last week several colleagues and I had the opportunity to attend Partners Worldwide conference: Marketplace Revolution: Fighting Global Poverty through Business. Acton was delighted to be one of the sponsors of the event The conference had 400 people from all over the world and promoted enterprise solutions to poverty. Continue Reading...

The Main Battle

In the “Wealth Inequality Mirage” on RealClearMarkets, Diana Furchtgott-Roth looks at the campaign waged by “levelers” who exaggerate and distort statistics about income inequality to advance their political ends. The gap, she says, is the “main battle” in the Nov. Continue Reading...

The Christian Market?

Joe Carter discusses “What the Market Economy Needs to Be Moral” today over at First Things: On the Square. He rightly points to the twin errors of collectivism and atomistic individualism, each of which have been soundly criticized in Catholic Social Teaching, for instance. Continue Reading...

A Federal Tax Receipt

There’s an old saying to the effect: “Show me a man’s checkbook and I’ll show you what’s important to him.” It may not be quite the same as a checkbook, but NPR’s Planet Money passes along what a receipt from the federal government might look like for an average taxpayer (HT): As Third Way, who put together the taxpayer receipt, argues: An electorate unschooled in basic budget facts is a major obstacle to controlling the nation’s deficit, not to mention addressing a host of economic and social problems. Continue Reading...