Acton Institute Powerblog Archives

Post Tagged 'Austerity'

Jayabalan on Austerity and the Italian Budget

Kishore Jayabalan, Director of Istituto Acton in Rome, was interviewed by Vatican Radio to discuss the Italian budget. Italy has a large budget crisis, and if it isn’t resolved, it may face serious financial problems similar to those experienced by Greece. Continue Reading...

Speaking of a Principled Basis for Limited Government

My recent posts on politics and austerity and this week’s Acton Commentary refer to a principled basis for limited government. I speak of “the limits of government rooted in a rich and variegated civil society.” Here’s a good statement of that basis from Lord Acton: There are many things government can’t do – many good purposes it must renounce. Continue Reading...

‘A’ for Austerity: The New Scarlet Letter

I introduced this week’s Acton Commentary yesterday with some thoughts about “The Audacity of Austerity.” In today’s “‘A’ for Austerity: The New Scarlet Letter,” I take to task the attitude embodied by Paul Krugman’s vilification of proponents of austerity measures. Continue Reading...

The Audacity of Austerity

The title of this post borrows from a phrase I employ in the conclusion of tomorrow’s Acton Commentary on the prospects for austerity in America after today’s mid-term elections. (I can’t claim to have coined the term, since about 4,270 other instances of the phrase show up in a Google search, but I like it nonetheless.) Today I’ll simply highlight a few of the relevant stories that I’ve noted on this theme over recent weeks and months. Continue Reading...