Acton Institute Powerblog Archives

Business and Society

If At First You Don’t Succeed…

…You might be a Member of Congress: Members of Congress want to establish a new government-backed venture capital program… OK, but what’s the catch? …to replace one that’s being phased out because of sizable losses. Continue Reading...

Church and Governance in Nigeria

A promising brief recognizing the critical role of civil society in Nigeria, and especially that the Christian church, from Ecumenical News International: Nigerian president urges African churches: Play part in governance Abuja (ENI). Continue Reading...

Fa(s)t Food

There’s yet more evidence that supports my claim, “Besieged by the media and public opinion, quick-service restaurants have got the reputation for being unhealthy. But the truth of the matter is more complex. Continue Reading...

Space Tourism

In an interview with The Space Review Richard Garriott, vice-chairman of Space Adventures discusses the possibilities of space tourism and the potential market in the United States. Garriott describes Space Adventures as currently an [travel] agent, and we have millions of dollars in cash paid reservations for sub orbital flights. Continue Reading...

Mmmm….Bacon….

In John Stossel’s article yesterday, he recounts a story that illustrates the dangers of artificial wage contols. (Davis Bacon is a federal law that requires construction workers be paid an amount determined by a bureaucratic formula instead of wages determined by market forces.) When Chicago decided to repair the Cabrini Green housing project, people who lived in the project assumed such a big job would provide work for the unemployed young men who grew up there. Continue Reading...

More Palmeiro Questions

Two not-so-obviously related news items from today’s Marketplace midday update: #1) Pharmaceutical company Pfizer says it’ll change the way it markets drugs to people. The company announced this morning it will educate doctors for at least 6 months about new medicines before running television or print ads. Continue Reading...

Faith and Judging

In the weeks that have passed since the announcement of the nomination of John Roberts to serve as an Associate Justice of the United States Supreme Court, an old debate has moved into the forefront once again: can a person with deeply held religious beliefs (in Judge Roberts’ case, a devout Catholic) hold a high political or judicial office and still abide by the Constitution? Continue Reading...

Is Anyone Listening?

In a column in today’s Washington Times, Arnaud de Borchgrave looks at the growing gap between executive compensation and the pay of just about everyone else. He quotes a Wall Street Journal study showing that in 2004 the median salary and bonus for CEOs soared 14.5 percent, while paychecks for salaried employees averaged a 3.4 percent increase. Continue Reading...

‘They picked on the wrong Armenian!’

Check out this Seattle Weekly article, detailing the experience of Armen Yousoufian, who sought public disclosure of records in 1997 relating to “the proposed new Seahawks stadium, now called Qwest Field, which was built largely with public money.” When faced with government foot-dragging in release of the records, “Instead of giving up, Yousoufian was energized by the rejections. Continue Reading...

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