Acton Institute Powerblog Archives

Post Tagged 'poverty'

‘Riches do not bring freedom’

The contrast between the treatments by David Bentley Hart and Dylan Pahman of the question of the intrinsic evil of “great personal wealth” this week pretty well established, I think, that in itself wealth is among the things neither forbidden nor absolutely required. Continue Reading...

The most surprising fact about American poverty

Every year, the U.S. Census comes out with its report on incomes and poverty. And every year the same finding repeatedly surprises me. As economist David Henderson says, the report “always shows that there is mobility between income categories, even in the short run, and that poverty is temporary for most people in America who experience it. Continue Reading...

7 Figures: Income and poverty in the U.S.

Yesterday the U.S. Census Bureau released its latest report on income and poverty in the United States. Here are seven figures from the report you should know about: 1. Real median household income increased 5.2 percent between 2014 and 2015—from $53,700 to $56,500. Continue Reading...

Hunger in America is on the decline

In policy and social science hunger is defined as a condition in which a person, for a sustained period, is unable to eat sufficient food to meet basic nutritional needs. While the vast majority of people who suffer from hunger live in developing countries, far too many people in America also suffer from hunger. Continue Reading...

The global poor’s exclusion from markets

Photo courtesy of Flickr It’s a common misconception in public discourse that the global poor are trapped in poverty because of globalization.  We frequently hear things from our public leaders about how markets are crushing the poor.  Continue Reading...

Trump: ‘They have to work, too’

Today at The Stream I provide some analysis of Donald Trump’s speech earlier this week at the Detroit Economic Club. As I conclude, “The trouble for Trump’s promised future lies in the impossibility of reclaiming a bygone era.” In Trump’s campaign there is a mix of both nostalgia and optimism, which bookend serious critiques of America’s more recent past and the legacy of his political opponents in particular. Continue Reading...