Acton Institute Powerblog Archives

Post Tagged 'economics'

Greece: By The Numbers

Greece’s economic problems are so vast, comprehension is difficult. Over at NPR, Greg Myre breaks it down for us. 25: The unemployment rate, and that’s probably low-balling. For those under the age of 25, the unemployment rate hovers around 50 percent. Continue Reading...

Are We Better Off if We Buy Local?

Over the past few decades buying locally produced goods and services over those produced farther away has become increasingly fashionable. However, this “modern” trend is really a reversion to an earlier period when most all products were produced and bought from people in a localized area. Continue Reading...

Big Oil Advocacy for Carbon Taxes

Today at The Federalist I explore “Why Big Oil Wants A Carbon Tax.” Perhaps such advocacy isn’t just made out of a sense of global citizenship and environmental stewardship. On the surface such advocacy may seem counter-intuitive. Continue Reading...

Uncle Sam As Financial Enabler

Economist Nicole Gelinas, a fellow at the Manhattan Institute, explains the recent financial crisis in this brief video. Did banks fail us? No, she says. The problem is that the U.S. Continue Reading...

Why Family Is Central To A Healthy Society

In this short video, Allan Carlson of the Howard Center for Family, Religion & Society describes the importance and centrality of the family to a health society. Families that work together in some endeavor tend to be healthier, are able to care for themselves and thus become the foundation of a sound economy and society. Continue Reading...

The Myth of Homo Economicus

“As a social psychologist, I have long been amused by economists and their curiously delusional notion of the ‘rational man.’” writes Carol Tavris. “Rational? Where do these folks live?” In a review of behavioral economist Richard Thaler’s new book, Misbehaving: The Making of Behavioral Economics, Tavris notes how economists are slowly beginning to see — or, one could argue, finally returning to the notion — that the discipline ought treat man as more than a mere robot or calculator. Continue Reading...

Samuel Gregg On Free Trade, Trans-Pacific Partnership And The Church

The controversial Trans-Pacific Partnership (TPP), backed by many Republicans and President Obama, hit a snag Tuesday when key Democrats spoke out against the agreement. What exactly is the TPP? It is a free trade agreement with 12 nations (including China and Japan) that purports to increase economic growth, jobs and free trade. Continue Reading...