How markets link the world

Note: This is post #16 in a weekly video series on basic microeconomics. Ten years ago this week, Apple unveiled the iPhone. It’s a product that was designed in California and produced by thousands of people all over the world. Continue Reading...

An economist’s Christmas: Is gift-giving wasteful?

During a season such as Christmas, where hyper-consumerism and hyper-generosity converge in strange and mysterious ways, it’s a question worth asking: How much of our gift-giving is inefficient and wasteful? For some, it’s a buzz-kill question worthy of Ebenezer Scrooge. Continue Reading...

Lessons on Christian Vocation from ‘Chewbacca Mom’

“It doesn’t matter how talented, how anointed, how gifted, how passionate, or how willing you are if you’re not fit to do the things that God has called you to do.” –Candace Payne Candace Payne, now widely known as “Chewbacca Mom,” became an internet sensation thanks to a spontaneous video in which she joyfully donned a toy mask of the beloved Wookiee. Continue Reading...

Peace and Provision at a Pizza Shop

Rosa’s Fresh Pizza in Philadelphia has now given away more than 10,000 slices of pizza, using a unique “pay-it-forward” system where “customers can pre-purchase $1 slices for those in need.” The story is inspiring on a number of levels, illuminating the power of business to channel the best of humanity toward meeting complex needs in new and unexpected ways, often quite spontaneously. Continue Reading...

Firstfruits Economics

“Honor the Lord with your wealth and with the firstfruits of all your produce.” –Proverbs 3:9 In his latest video, Dan Stevers highlights the importance of giving God our first and our best, focusing mostly on the story of Cain and Abel. Continue Reading...

Video: Is the Tea Party Catholic?

Acton Institute Director of Research Samuel Gregg sat down with Daniel McInerny, the Editor of the English edition of Aleteia, to discuss his latest book, Tea Party Catholic. McInerny and Gregg explore what Catholics should believe regarding limited government, free markets and capitalism. Continue Reading...