Acton Institute Powerblog Archives

Business and Society

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...

Voluntary Association and Union Politics

In light of the recent exodus from the AFL-CIO, Dr. Charles W. Baird examines the nature of labor unions through the lens of Catholic social teaching. “Catholic social teaching has supported labor unions as part of a general defense of freedom of association,” he writes. Continue Reading...

Oil Prices: Up, Up, and Away

Crude oil prices have reach a record high $62 per barrel. Combined with Time Warner’s worse-than-expected recent earnings stocks dropped today as investors waited uneasily for the government’s latest petroleum inventory report. Continue Reading...

How to Be a Socially Responsible Investor

From SoYouWanna.com: “Socially responsible investing is when you take your beliefs and values and apply them to how you invest your money. This is also known as having a ‘double bottom line,’ because not only are you looking for a profitable investment, but also one that meets certain moral criteria and that lets you sleep well at night. Continue Reading...

Dead Man’s Hand

On this date in 1876, Wild Bill Hickok was killed, shot dead from behind by Jack McCall while playing poker. He held a pair of aces & a pair of 8s, forever giving that combination the nickname “Dead Man’s Hand.” Poker has come a long way since then, becoming a global multi-million dollar industry. Continue Reading...

Fruitful Math

Here’s a view of procreation that doesn’t line up with the UN-sponsored “World Population Day”. In the midst of a discussion about a Jewish tradition mandating that each couple has at least one male and one female childe, Bryan Caplan at EconLog writes, I’m on the record in favor of having more kids. Continue Reading...