Latest Posts

What do stock markets do?

Note: This is post #89 in a weekly video series on basic economics. A company can raise money and create new investment by selling shares through an initial public offering (IPO). Continue Reading...

PowerLinks 08.14.18

Hardly anyone wants to admit America is beating poverty Bruce D. Meyer and James X. Sullivan, AEI The White House tells the truth, but partisans on both sides are wedded to the idea of failure. Continue Reading...

The Parable of the Long Spoons explains free markets

“How can we explain this emporiophobia—a fear of markets—given the overwhelming evidence that such institutions provide the greatest wealth, health and happiness for humankind?” When economics professor Paul Rubin asked that question he answered by saying that we need to shift the metaphor of markets from “competition” to “cooperation.” Cooperation isn’t just more important in the economic sphere—it’s also more common. Continue Reading...

James V. Schall on Islam and the West

Pope Benedict XVI made an uncomfortable claim in his 2006 Regensburg address: contemporary Muslim terrorism may owe something to Islam’s conception of God. A year later, Father James V. Schall SJ wrote a book about the address which, as Acton Director of Research Samuel Gregg says, placed it in the wider context of a set of religious and philosophical challenges that many Westerners still can’t bring themselves to address: Over the past sixteen years, Schall has written numerous articles on this more general topic, the most important of which have been gathered together in his latest book, On Islam: A Chronological Record, 2002-2018. Continue Reading...

PowerLinks 08.13.18

Why Capitalism Needs Reformation (An Interview with Kenneth Barnes) Bruce Ashford Please allow me to introduce you to one of this year’s best books: Kenneth Barnes’ Redeeming Capitalism. It was published by Eerdmans this year; it is critically acclaimed as a thoughtful and probing evaluation of capitalism through the lens of Christian theology and ethics. Continue Reading...

Chafuen on ‘The vocation of the think tank’

Alejandro Chafuen – the Acton Institute’s Managing Director, International – received the prestigious 2018 “Premio Juan de Mariana” award from the Intituto Juan de Mariana earlier this year. Today at Acton’s Religion & Liberty Transatlantic website, we have posted the full text of his acceptance speech. Continue Reading...

PowerLinks 08.10.18

Why the Left Is So Afraid of Jordan Peterson Caitlin Flanagan, The Atlantic The left is afraid not of Peterson, but of the ideas he promotes, which are completely inconsistent with identity politics of any kind. Continue Reading...