Acton Institute Powerblog Archives

Business and Society

Marriage in the City

In this week’s commentary, Jennifer Roback Morse takes a look at the socio-economic factors that influence the age at which young people aim to get married. Many are waiting. One reason why so many young people put off marriage unitl their late 20s or early 30s, says Morse, is that the cost of setting up an independant household is too high — unjustifiably high. Continue Reading...

Connecting France with Good Economics

It seems that it may be possible. An interesting article from yesterday’s International Herald Tribune: Danielle Scache tries to avoid using the term “capitalism” in her economics class because it has negative connotations in France. Continue Reading...

Chirac Waves the White Flag

French President Jacques Chirac has given in to the student protests in his country, protests that called for the removal of the First Employment Contract. This is a controversial new law giving employers greater freedom in whom they fire amongst under-26 employees. Continue Reading...

French ‘Security’ and Economic Reality

As student demonstrations in France mount, the government finds it increasingly difficult to dismantle restrictive labor laws that are directly tied to high unemployment rates. Michael Miller examines the political and cultural factors that are behind the French fear of economic risk taking. Continue Reading...

Budziszewski on Subsidiarity

Following up on yesterday’s entry about Ronald Aronson’s call for a renewed socialism in American politics, I offer this paragraph from J. Budziszewski’s book, What We Can’t Not Know. Discussing the principle of subsidiarity as first explicitly articulated by Pius XI in the encyclical Quadragesimo Anno, Budziszewski writes, As Pius explained, what pushed the principle of subsidiarity to the forefront was the crisis in civil society brought about by the industrial revolution. Continue Reading...

Socialism Redivivus

Ronald Aronson argues that the political left in America needs to get back to its true socialist roots in order to become a coherent and clear alternative in this article from The Nation, “The Left Needs More Socialism.” He points to contemporary political movements in other countries as models for success of the American left: But Americans need only glance around the world to see that there are alternatives. Continue Reading...

Grand Rapids Growth

It has been a bit of a mystery over the last few months, as an anonymous group of developers had been purchasing up a series of properties near downtown Grand Rapids. Continue Reading...

Kudlow on Immigration

“Immigration creates wealth,” says Larry Kudlow: Part of the immigration problem is simply Mexico’s inadequate growth and lack of economic opportunity. The country is growing at about 3 percent a year, but it ought to be growing at six to ten percent. Continue Reading...

CEO Paychecks

It was a major topic of discussion during the era of corporate scandals a couple years ago, but the issue of executive compensation still pops up in the news from time to time, and it remains a problem with which serious thinkers continue to grapple. Continue Reading...

Giving Credit where Credit is Due

An snippet from Ecumenical News International: Presbyterians invest $1 million in church ‘bank’ that helps poor New York (ENI). The Presbyterian Church (USA) has invested US$1 million in Oikocredit, an organization established by the World Council of Churches that assists people in poor countries start small businesses. Continue Reading...

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