Acton Institute Powerblog Archives

Post Tagged 'Europe’s financial crisis'

Samuel Gregg: The Prophet of Europe’s Crisis

Online today at The American Spectator is an article from Acton Research Director Samuel Gregg. The article highlights the forethought of German economist Wilhelm Röpke, who predicted Europe’s present economic downturn in the middle of the twentieth century. Continue Reading...

Italy’s Tax Man Takes Aim at the Vatican

Kishore Jayabalan, the Acton Institute’s Rome office director, was interviewed by the Zenit news agency in an article titled, “Is Taxing the Church a Real Solution for Italy?” In the article, Jayabalan discusses the history of the Italian state and its imposition of property taxes on the Roman Catholic Church’s land holdings, residences and non-profit businesses. Continue Reading...

Samuel Gregg: The Madness of Lord Keynes

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: The story of Keynes’s rise as the scholar shaping economic policy from “within” is more, however, than just the tale of one man’s meteoric career. Continue Reading...