On this week’s edition of Radio Free Acton, Burt and Anita Folsom discuss their latest book, Uncle Sam Can’t Count. We examine whether the government has a good track record in subsidizing industry and innovation, and look at some of the unforeseen consequences of subsidies in society. You can listen via the audio player below, and then be sure to check out the video of Burt’s Acton Lecture Series address as well.
On Oct. 4, Rev. Robert A. Sirico, president and co-founder of the Acton Institute, spoke about social justice at the 2012 Hillsdale College Free Market Forum in Houston. The theme of the Forum, which encourages the study of free enterprise by bringing scholars together for dynamic exchanges of ideas on topics related to free market economics, was “Markets, Government, and the Common Good.” Rev. Sirico spoke about the evolved meaning of the phrase “social justice,” explaining the current usage of the phrase as well as its literal meaning. He also warned that if words and phrases lose their meaning then “chaos can result.” (more…)