Posts tagged with: economics

Over at National Review Online, Acton Research Director Samuel Gregg recaps President Obama’s State of the Union address:

There is always something surreal about a Chicago politician talking about “fairness” and “playing by the rules.” There is something even more bizarre about a president talking about the need to expand energy production after his administration has generally undermined significant progress in facilitating energy development for three years in the middle of a recession. And who would describe Detroit as “on the way back”? A stroll down the ghost town otherwise known as downtown Detroit — which is teetering on the edge of being put into administration — would suggest the opposite. It’s not often that I agree with very much said by the New York Times’s Maureen Dowd, but this State of the Union speech illustrated that the lady was dead right in describing the Obama presidency as a bubble within a bubble.

Read more on Samuel Gregg: Obama SOTU full of ‘hot air, populism, contradictory promises’…


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Ray Nothstine
posted by on Tuesday, January 10, 2012

“Stupid is the new smart,” and “Pop culture is a wasteland” are just a few lines from Daniel J. Flynn’s introduction to Blue Collar Intellectuals: When the Enlightened and the Everyman Elevated America. Certainly, one does not need to read Flynn’s account to surmise that there are grave problems with our culture. But many would miss some great stories and a return to a people and time that crafted a great uplifting for mass audiences.

Read more on Review: Blue Collar Intellectuals…


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Ray Nothstine
posted by on Friday, December 30, 2011

David Deavel’s review of Mitch Pearlstein’s From Family Collapse to America’s Decline: The Educational, Economic, and Social Costs of Family Fragmentation has been picked up by First Things and Mere Comments. Deavel’s review was published in the Fall 2011 issue of Religion & Liberty.

Read more on America’s Real Inequality Problem…


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Ray Nothstine
posted by on Thursday, December 22, 2011

Dolphus Weary has a remarkable story to tell and certainly very few can add as much insight on the issue of poverty as he does. When you read the interview, now available online in the Fall 2011 R&L, or especially his book I Ain’t Comin’ Back, you realize leaving Mississippi was his one ambition, but God called him back in order to give his life and training for the “least of these.” One of the things Weary likes to ask is “Are you going into a mission field or are you running away from a mission field?” It’s a great question we should all ask ourselves.

Read more on Religion & Liberty: An Interview with Dolphus Weary…


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John Couretas
posted by on Monday, December 19, 2011

A practical man?

On the American Spectator, Acton Research Director Samuel Gregg examines the baleful influence exerted on economic thought and public policy for decades by John Maynard Keynes. Gregg observes that “despite his iconoclastic reputation, Keynes was a quintessentially establishment man.” This was in contrast to free-market critics of Keynes such as Friedrich Hayek and Wilhelm Röpke who generally speaking “exerted influence primarily from the ‘outside’: not least through their writings capturing the imagination of decidedly non-establishment politicians such as Britain’s Margaret Thatcher and West Germany’s Ludwig Erhard.” Perhaps not so surprisingly, many of Keynes’ most prominent devotees are also “insider” types:

Read more on Samuel Gregg: The Madness of Lord Keynes…


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Kenneth Spence
posted by on Tuesday, December 13, 2011

Acton’s director of research Samuel Gregg is up at Public Discourse, with a piece titled “Monetary Possibilities for a Post-Euro Europe.” With his usual mix of sophisticated economic analysis and reference to deep principles, Gregg considers European countries’ options should the eurozone fail. If that happens, he says, “European governments will have a once-in-a-lifetime opportunity to rethink the type of monetary order they wish to embrace.”

Read more on Samuel Gregg: Freedom in a Post-Euro Europe…


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Jordan J. Ballor
posted by on Wednesday, November 23, 2011

Over at the Economix blog, University of Chicago economist Casey B. Mullin takes another look at some of the recent poverty numbers. He notes the traditional interpretation, that “the safety net did a great job: For every seven people who would have fallen into poverty, the social safety net caught six.”

Read more on Safety Nets and Incentives…


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Ray Nothstine
posted by on Wednesday, November 16, 2011

In the forthcoming Fall 2011 issue of Religion & Liberty, we interviewed Dolphus Weary. His life experience and ministry work offers a unique perspective on the issue of poverty and economic development. His story and witness is powerful. Some of the upcoming interview is previewed below.

Read more on Preview: R&L Interviews Dolphus Weary…


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Kenneth Spence
posted by on Thursday, November 10, 2011

Director of Research Samuel Gregg’s thoughts on the debate are up at The Corner. He sees a parallel between the Italian crisis unfolding across the ocean and the problems facing the United States — particularly in Michigan, where this debate was held. The collapse of Italy would certainly be a dramatic illustration of the shortcomings of crony capitalism, and Gregg thinks a candidate could find a majority of voters who don’t want that to happen.

Read more on Samuel Gregg: Free Market Stars in Debate…


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Dylan Pahman
posted by on Wednesday, November 9, 2011

In a recent article in the Washington Post, Juan Forero and Michael Birnbaum recommend that in the face of the looming specter of Greek debt default, Europe may learn a few lessons from South America. In particular, they point to the good example of Uruguay and the bad example of Argentina.

Read more on Fiat Currency, the Euro, and Greek Default…

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