Acton Institute Powerblog Archives

Post Tagged 'economics'

Visualizing ‘The Forgotten Man’

In November of last year, we had the privilege of welcoming bestselling author Amity Shlaes for a visit here at the Acton Building while she was in Grand Rapids to speak about Calvin Coolidge at Grand Valley State University’s Hauenstein Center for Presidential Studies. Continue Reading...

Bill Gates on Poverty and Inequality

In a recent interview with Rolling Stone, Bill Gates — the richest man in the world — shares his thoughts on poverty and inequality: Should the state be playing a greater role in helping people at the lowest end of the income scale? Continue Reading...

Michael Novak: ‘Capitalism is Lifting the World out of Poverty’

Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains: Even in developed nations, most jobs are found in small business. Continue Reading...

The Crazy Alternative Lifestyle of Marriage and Children

I have five kids. I thought I was sane, but apparently, I’m living a crazy alternative lifestyle. Freestyle halfpipe skier David Wise won gold at Sochi. NBC, rather than being impressed with his world-class athleticism, focused on his “alternative lifestyle.” You see, Wise is married to Alexandra, and they have a young son. Continue Reading...

Orthodoxy and Ordoliberalism

Today at Red River Orthodox, I offer a brief introduction to the liberal tradition for Orthodox Christians living in the West: Liberalism, historically, is a broad intellectual tradition including a large and disparate group of thinkers. Continue Reading...

Samuel Gregg: ‘Our Minimum-Wage Circus’

Acton’s Director of Research, Samuel Gregg, recently  wrote about the effects of raising the minimum wage at the National Review Online. The latest CBO report estimates that increasing the minimum wage to over $10/hour in 2016 will not greatly affect the poorest in society; it is estimated that this increase will only help 2% of those living in poverty. Continue Reading...