economics

May 05, 2020

The great price of America’s great lockdown

One reason why economists are viewed as modern-day Cassandras is that they tell us many things we don’t want to hear. Economics points relentlessly to the costs and benefits associated with particular decisions about alternative uses of scarce resources. Continue Reading...

May 01, 2020

Markets, populism and a fading American dream

The political divisions that started erupting across America in 2015 are about many things. These include the meaning of national sovereignty, the sense of a growing chasm between the political class and everyone else, and angst about what many believe to be unwarranted accelerations in wealth and income inequalities. Continue Reading...

April 29, 2020

Acton Line podcast: COVID-19 and job loss: Where do we go from here?

The United States has been in a state of emergency since mid-March as a result of the COVID-19 outbreak. In order to slow the spread of the virus, states have implemented various measures, including shelter-in-place orders, forcing millions of Americans to stay at home. Continue Reading...

April 22, 2020

COVID-19, socialized medicine and ‘deaths of despair’

The American healthcare industry is undergoing a massive stress test known as the coronavirus. For months and years to come, analysts will be issuing their opinions about just how well that industry performed under the incredible, sudden surge of the pandemic. Continue Reading...

April 02, 2020

No one knows what a return to ‘normalcy’ after COVID-19 will look like

At some point, not today but perhaps in the next few weeks, we will be having more conversations about getting people back to work and restoring the $21 trillion U.S. economy. Continue Reading...

November 22, 2019

2019 Calihan Lecture Video: Religion, Society, and the Market

Last month, Prof. Giuseppe Franco received the 2019 Novak Award at the University of San Diego where he delivered the 19th Annual Calihan Lecture on “Religion, Society, and the Market: The Legacy of Wilhelm Röpke.” Continue Reading...

Giuseppe Franco receives the 2019 Novak Award

November 20, 2019

Video: Victor Claar on the moral legacy of John Maynard Keynes

Last Thursday, we were pleased to welcome Victor Claar, associate professor of economics in the Lutgert College of Business at Florida Gulf Coast University, to participate in the 2019 Acton Lecture Series with an address on the moral legacy of John Maynard Keynes. Continue Reading...

Victor Claar at the 2019 Acton Lecture Series

November 18, 2019

Applications now open: Mini-Grants on Free Market Economics

The Mini-Grants on Free Market Economics: Research & Teaching program continues for the upcoming 2020 academic year and the application is now live. This grant program is intended to enhance the effectiveness in the research and teaching of market economics for faculty at colleges, universities, and seminaries in the United States and Canada. Continue Reading...

September 30, 2019

6 ways to combat consumerism

The Gospel reading on Sunday was the story of Lazarus and the rich man. I often refer to this parable in discussions about poverty, because Augustine points out that it was not wealth that sent the rich man to hell, but his indifference. Continue Reading...

September 30, 2019

Giuseppe Franco to Deliver the 2019 Calihan Lecture: ‘Religion, Society, and the Market’

Mark your calendar! As announced earlier this year, Professor Giuseppe Franco is the recipient of the 2019 Novak Award. In the upcoming 19th annual Calihan Lecture, Franco will examine the social philosophy and economic ethics of Wilhelm Röpke, 19th century economist said to be one of the spiritual fathers of the social market economy. Continue Reading...

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