Natural rights and social duties

Fourth of July Celebration in Centre Square, Philadelphia (1819) “Liberty is not the power of doing what we like, but the right to do what we ought.” – Lord Acton Today, people across the United States will march in parades, set off fireworks, and don red, white, and blue to huge family cookouts, all in celebration of the adoption of the Declaration of Independence. Continue Reading...

The immorality of tariffs

Abraham Kuyper (1837 – 1920) | Wikimedia Commons The benefits of free trade are vast, and enjoyed throughout the world.  The alternative — trade restricted by protective tariffs and quotas — concentrates benefits to a protected few who profit due to less competition from foreign competitors. Continue Reading...

Why the Market Needs the Family

The Family & the Market, an Acton University lecture by Jennifer Roback Morse, uses Christian theology and logic to illustrate unique connections between seemingly unrelated aspects of society, at least to the secular world. Continue Reading...

The unintended consequences of clothing donations

Women sort through clothes at the Texool factory January 6, 2016 in Kutch, Gujarat. Allison Joyce for the Wall Street Journal A recent article in the Wall Street Journal focuses on the market for the global clothing donation and recycling industry, centering on the trade from the United States to India. Continue Reading...

Understanding Austrian economics

Carl Menger (1840-1921) | Wikimedia Commons The central theme of the Austrian tradition, which might better be called the liberal tradition, is that society runs itself. This is strongly linked to the idea of freedom in the liberal sense, meaning the opportunity for the individual to advance and to create wealth. Continue Reading...

What motivated ‘leave’ voters in Brexit?

An EU official hangs the Union Jack next to the European Union flag at the VIP entrance at the European Commission headquarters in Brussels on Tuesday, Feb. 16, 2016. (AP Photo/Geert Vanden Wijngaert) In the wake of the British vote to leave the European Union, many are wondering what led the majority of voters to affirm the Brexit. Continue Reading...

Investing prudently and morally

David Bahnsen explains “value investing” at Acton University. How should your views on morality affect your investment strategy? David Bahnsen, Chief Investment Officer at The Bahnsen Group, argues in an Acton University presentation titled “Value Investing” that the question is a surprisingly complex one. Continue Reading...