Acton Institute Powerblog Archives

Post Tagged 'Winston Churchill'

Samuel Gregg: Financial Fiddling while the Euro Burns

On National Review Online, Acton Research Director Samuel Gregg examines the push for a “transaction tax” to solve some of the fiscal problems in the European Union. The move would, Gregg explains, “levy a tax on any transaction on financial instruments (securities, loans, deposits, derivatives, and various asset classes) between banks, hedge funds, insurance businesses, investment companies, and other financial organizations whenever one contracting party is located in the EU.” That may not sound like much, but would apply to literally millions of financial transactions daily. Continue Reading...

Understanding Human Behavior

In “Human Nature and Capitalism” on AEI’s The American, Arthur C. Brooks and Peter Wehner look at three different “pictures” of what it means to be human and point to the one, foundational understanding that has undergirded the flourishing American culture of democratic capitalism: “If men were angels,” wrote James Madison, the father of the Constitution, in Federalist Paper No. Continue Reading...