Month: May 2014

May 23, 2014

Memorial Day: From college football to combat

Army and Navy have met for battle on the football field 114 times. The two service academies have played big time college football for well over a century. Navy leads the series by nine games and holds the current and longest winning streak at 12 games. Continue Reading...
May 23, 2014

Cardinal Dolan: The Pope And Economic Prosperity

Much has been said about Pope Francis’ views on economics (in fact, you can read Acton’s Special Feature on this here.) In The Wall Street Journal, Cardinal Timothy Dolan of New York, discusses how the media has skewed Francis’ remarks as endorsing redistribution and denouncing capitalism. Continue Reading...
May 23, 2014

‘Brave New Welfare State:’ 50 Years Of The War On Poverty

As noted here on the Acton PowerBlog earlier this week, 2014 marks the 50th anniversary of Lyndon B. Johnson’s declaration of war on poverty. Economist Nicholas Eberstadt, in an interview with the American Enterprise Institute, discusses what he calls the “brave new welfare state” we now have due to over-grown public assistance and unintended consequences of government programs. Continue Reading...
May 22, 2014

Argument Outline: Why Religious Freedoms Apply to For-Profit Corporations

[Note: “Argument Outline” is a new occasional series that provides summaries of religious, economic, and public policy arguments presented in the public square.] The Religious Freedom Restoration Act (RFRA) states that government shall not substantially burden a person’s exercise of religion even if the burden results from a rule of general applicability, except in certain conflicts with a compelling governmental interest. Continue Reading...
May 22, 2014

Audio: Sirico on The Pope and Economics; Gregg on Minimum Wage

A couple of interviews to bring you up to speed on from that last couple of days: First of all, here’s Acton Director of Research Samuel Gregg on the GRN Alive morning show on the Guadalupe Radio Network this morning to discuss current efforts to raise the federal minimum wage, giving his analysis on the likely impact of such a move on the economy and the job market. Continue Reading...
May 21, 2014

How to avoid prosperity and poverty gospels

Over at the Kern Pastors Network, Owen Strachan uses the example of Quaker Oats founder Henry Parsons Crowell to demonstrate the level of stewardship Christians are called to. Bringing his ingenuity and a variety of innovations to his company and the market at large, Crowell delivered value to his shareholders, employees, and customers. Continue Reading...
May 21, 2014

America’s Demographic Poverty

A new study focusing on the demographic effects of abortion in the United States brings to light what one scientist calls truly astounding findings. The demographic changes will even affect America’s economy. Continue Reading...