Authoritarianism ruined Venezuela

People line up to buy basic products at a Dia Dia supermarket in Caracas. Reuters/Jorge Silva Venezuela, though filled with exotic beaches and many natural resources, has the most miserable economy in the world thanks to high inflation and unemployment. Continue Reading...

Free eBook: ‘Not Tragically Colored’

For a limited time (May 26-28), Ismael Hernandez’ new book, Not Tragically Colored: Freedom, Personhood, and the Renewal of Black America will be free to download. Despite a seemingly endless series of programs, discussions, and analyses—and the election of the first African-American president—the problem of race continues to bedevil American society. Continue Reading...

Social democracy will harm American dream

With the rise in popularity of social democracy (a highly regulated market economy), Samuel Gregg has some words of warning against the system. “[T]he briefest of surveys of European social democracy’s history,” he writes in a new article for the Stream, “illustrates how these policies invariably induce the type of slow-motion decline that’s turned much of today’s European Union into the sick man of the global economy.” Americans looking to Bernie Sanders for a social democratic answer to their problems should think twice. Continue Reading...

Government debt is no trivial thing

How high is our national debt? $19 trillion (and climbing). While that’s an unfathomably high number, no one seems to be particularly concerned about it. No stranger to debt himself, wannabe-president Donald Trump has an idea how to tackle the nation’s financial woes. Continue Reading...

The European Union: ‘A secular heaven on earth’

The New Totalitarian Temptation “is the best book ever written about the European Union,” says John Fonte, who just reviewed it for National Review. Acton’s director of international outreach, Todd Huizinga, wrote Totalitarian Temptation based on his experience with the U.S. Continue Reading...

What is (and isn’t) Mercy?

In a new essay for the Catholic World Report, Samuel Gregg discusses why it’s dangerous to to overemphasize any one facet of Christian teaching at the expense of a different teaching. Continue Reading...